88
Trump official confirmed to Fed board but court rejects Lisa Cook removal bid
(www.theguardian.com)
this post was submitted on 16 Sep 2025
88 points (100.0% liked)
politics
25643 readers
3272 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Trying to keep things factual and not inject my opinion, snark, or other whatabouts into things: The president has the power to remove people from the Federal Reserve Board, but only for cause. Basically, you have to have really effed up, a simple disagreement probably isn't enough or he would have done it a long time ago.
Somehow (not sure) word got out that she purchased two homes within a short amount of time from each other, and had both as a "primary residence" in the paperwork. This can have more favorable terms when financing, but AFAIK you can't have multiple "primary" homes. That could constitute fraud if true and pursued. Trump used that as his cause for firing her.
Of course, this was never adjudicated in court. And now there are new things coming out where she actually listed one home as a vacation home. Which should be a pretty damn good defense against that allegations if that's the case.
Well if anyone knows about fraud in financing it's definitely Trump.