Please support us — your click helps our blog grow! Support Us ×

Breaking global news. No propaganda. No bias. Just the truth - raw and real.

Monday, August 25, 2025

Fed Governor Lisa Cook Defies Trump: “You Can’t Fire Me”



It’s not every day that a sitting Federal Reserve Governor tells the President of the United States: “You can’t fire me.” But that’s exactly what happened this week, and the clash could reshape both politics and the economy.


Fed Governor Lisa Cook pushed back hard after Donald Trump claimed to fire her, issuing a statement that left no room for doubt about where she stands.

🛡️ Stay Prepared in Uncertain Times

From tactical flashlights to survival kits - protect yourself and your family when things get unpredictable.

Shop Survival Gear on Amazon


“President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so,” Cook said. “I will not resign and will continue my work to support the U.S. economy.”


The move immediately set off a storm in Washington. Legal experts note that Fed governors are designed to be independent, insulated from political pressure, and cannot simply be removed by the White House without congressional cause. That means Trump’s claim has little legal weight but politically, it sparks a showdown with one of the most powerful economic institutions in the world.


This brewing fight highlights two big storylines: Trump’s aggressive attempts to reshape U.S. institutions in his vision, and the Fed’s determination to remain independent as it guides interest rates, jobs, and inflation policy.


Also Read: Trump’s ICE SUVs: $100 Million Fleet of “Paramilitary” Vehicles Sparks Outrage


The stakes? Massive. Investors are already watching closely. Ordinary Americans could see ripple effects too, from mortgage rates to retirement savings, depending on how far this conflict escalates.


For now, Lisa Cook is standing firm. And by defying Trump’s order, she’s not just defending her own job she’s putting the independence of the Federal Reserve to its biggest test in decades.


Also Read: Massive Mobilization: Over 120,000 Troops Deployed in Emergency Evacuation


Follow us on X @Dobblog1

No comments:

Post a Comment

Join the conversation by leaving a comment below. Keep it respectful, relevant, and on-topic - we love hearing from our readers!

Pages

Dobblog

Best Free and Premium Blogger Templates Provider.

Buy This Template