September 17, 2025
Biden Judges Rule Cook Can Stay
Timothy Birdnow
This court has to know they will be overturned on appeal, but they are doing this because NOW is a critical point in the recovery and they need to keep someone in power who will undercut Trump's program. There is an upcoming vote on cutting interest rates and this court stopped ;her firing so she can remain at the Fed and stop a cut that will help the economy and thus help the Administration.
Appeals court says Lisa Cook can stay on the Federal Reserve board — for now
Note the PBS article calls the mortgage fraud allegation against Cook (and others like Letitia James) "unproven" even though there is a paper trail. They keep pointing to a political ally of Trumps but never to the actual evidence presented by Fannie and Freddie head Bill Pulte. It's the evidence that is damning, so they just ignore it and say "alleged" and make it sound like a conspiracy. It's clearly not; there is cause.
Two of the three judges on the panel agreed with one dissent. The two judges in the majority haed both been appointed by Joe Biden.
The Trump Administration is appealing this to the Supreme Court.
This court has to know they will be overturned on appeal, but they are doing this because NOW is a critical point in the recovery and they need to keep someone in power who will undercut Trump's program. There is an upcoming vote on cutting interest rates and this court stopped ;her firing so she can remain at the Fed and stop a cut that will help the economy and thus help the Administration.
Appeals court says Lisa Cook can stay on the Federal Reserve board — for now
Note the PBS article calls the mortgage fraud allegation against Cook (and others like Letitia James) "unproven" even though there is a paper trail. They keep pointing to a political ally of Trumps but never to the actual evidence presented by Fannie and Freddie head Bill Pulte. It's the evidence that is damning, so they just ignore it and say "alleged" and make it sound like a conspiracy. It's clearly not; there is cause.
Two of the three judges on the panel agreed with one dissent. The two judges in the majority haed both been appointed by Joe Biden.
The Trump Administration is appealing this to the Supreme Court.
Posted by: Timothy Birdnow at
07:24 AM
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I would hope this means that Ms. Cook is acutely aware of the target now firmly affixed to her back.
Posted by: Dana Mathewson at September 17, 2025 11:42 PM (qL1rE)
2
As do I, but she's going to try to keep the Fed from cutting interest rates enough to make any difference until after the election next year. An economic crash would suit Cook and Jerome Powell just fine, methinks.
Posted by: Timothy Birdnow at September 18, 2025 06:21 AM (wpyPR)
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