https://www.cnbc.com/2025/08/26/trump-fed-majority-cook-interest-rates.html
Most of us could see through this without Trump saying so because he's just that transparent. Are his statements making Cook's case for her? Regardless of if she committed a crime, this basically proves that the motive to fire her was so she could be replaced by someone loyal to him, not due to the crime itself.
If he really wants her firing to stick, he should shut the hell up, but he's too cocky and dumb to do that.
Thoughts?
Firing Cook to Obtain a Majority on the Fed
byu/Acroporas inStockMarket
Posted by Acroporas
6 Comments
Not really a majority as the FOMC voting committee also consists of 4 rotating regional bank presidents and the president of the federal reserve bank of NY.
Seems to side with the trend that the legal process will decide and basis points will be cut bye 25 basis points . Hopefully pricing in a strong tech and Ai
Markets are going to and already loving this. Investors do not care about anything but short term profits in current economic conditions and theory. They will cheer the free money spigot opening, pump more, and then cash out on the crash leaving the smaller guys holding the bag. Then, when things hit rock bottom, they will purchase all assets dirt cheap, turn them into another commodity to splice up and make into a profit stream, and laugh at the hard working honest people the whole time.
This is another form of every great economic froth up and collapse we have seen. It some ways, similar to the 2008 depression/recession; yes, it was a depression and only didn’t become one because the government bailed everyone out, except the American tax payers.
Sigh, I was not built for this world. This whole system is vomit inducing to me.
Innocent until proven guilty??? What country is this?
Funny to me how a convicted felon likes to talk about others ‘crimes’ and how that makes them unfit for their job….
Trump purchased a ton of bonds. Lower interest rates will make him a pretty penny. Can we tie that to his firing of Cook?