Trumpās Fed Firing Frenzy: Mortgage Fraud or Power Move?
In a 2025 Monday thriller, President Trump abruptly fired Fed governor Lisa Cook, a Biden appointee whose term was meant to last until 2038ābecause why not rewrite decades of mortgage history on a whim? Citing Article II and the Federal Reserve Act of 1913 (because apparently, the Constitution is the new firing manual), the White House dropped a rapid-response letter via X, accusing her of 'mortgage fraud' from pre-governor days ā a claim so new it deserves its own tweetstorm. Bill Pulte, the Fed-critique powerhouse, pushed for DOJ action last week. Markets reacted like they just got the worst meme stocks news: gold spiked, Treasury yields soared, and the dollar dipped, all while Trump hunts for compliant rate slashers amid a revolving door starring Adriana Kugler and nominee Stephen Miran. Welcome to Fed2025, where central bank politics meets Swift tweet drama!
Share the Story
Trump just made legal history by firing the Fed governor over ancient mortgage drama no one's fully seen, turning monetary policy into an episode of political Survivor ā and the stock market's the terrified audience.
Nothing says central bank stability like a president playing musical chairs with Fed governors based on Twitter accusations about long-forgotten mortgage files.
Trump firing a Fed governor for mortgage fraud allegations that surfaced last week is peak 2025: āIām not corrupt, Iām just constitutionally creative!ā
Source: Axios | Published: 8/26/2025 | Author: Courtenay Brown
More Articles in Politics
Senateās Weekend Homework: Ending Shutdown Like Itās Rocket Science
Trumpās $2K Tariff Gift: Debt Slashing or Legal Dumpster Fire?
Trumpās $2,000 Tariff Giveaway ā Except If Youāre Rich, Obviously
Shutdown Blocks $5B WeaponsāNATO Left Holding Missiles
BBC Edits Trump Speech Like Prison Riot Director
