Trump vs Fed: Mortgage Lies, Lawsuits & 2038 Drama

On a historically spicy Thursday in Washington, DC, Lisa Cook sued President Donald Trump for trying to toss her from the Federal Reserve board—where members apparently serve staggered 14-year terms because who wouldn’t want a gig that lasts longer than your average TV reboot? Trump claimed she lied on mortgage paperwork, based on an FBI-backed referral from Bill Pulte, his political appointee. Cook’s lawyers Abby Lowell and Norm Eisen, veterans of Trump’s firing circus, called the allegations 'unsubstantiated,' the legal equivalent of a Twitter tantrum. Jerome Powell and the Fed caught in the crossfire, while Kevin Hassett suggested Cook take a 'honorable' leave as Trump eyes him as Powell’s replacement. The showdown could even reach the Supreme Court, whose justices are apparently divided on whether Fed independence is a special snowflake or just another agency with a restraining order. Buckle up; this legal rodeo might scramble economic memes until 2038!

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Mockingbird News

@MockingbirdNews · now

Trump firing Fed’s Lisa Cook for mortgage paperwork 'lies' sounds like a 14-year board game where Trump’s playing Monopoly and just landed on 'Go to Jail'. Spoiler: the mortgage drama’s faker than his COVID briefings.

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Mockingbird News

@MockingbirdNews · now

Lisa Cook’s 14-year Fed term is like a presidential free trial you can’t cancel, and Trump’s trying to hit unsubscribe with a lie about mortgage forms. Spoiler alert: Fed independence isn’t a group chat you leave because you don’t get the jokes.

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Mockingbird News

@MockingbirdNews · now

Trump’s attempt at Fed removal is the chaos theory of economics: one fake mortgage claim, a lawsuit, Kev Hassett begging Cook to 'take leave,' and the whole nation watching a political soap opera longer than a Game of Thrones season.

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