Ok y'all...let's talk finance. Big finance, the one that rocks the cradle of the world economy. The US Federal Reserve.

The Reserve, commonly referred to as "#TheFed" is not part of the executive branch; it is an independent central bank that operates within the federal government but is designed to be insulated from political pressures. Its decisions do not require approval from the President.

So why is King Kankles going after Federal Reserve governor Lisa Cook? Because she is a #Black#Woman. That's it. That's all there is to it.

The guy who owns the largest homebuilder in the country #Pulte, sent a tweet with no proof that Ms. Cook had filed a paper incorrectly 4 years before she joined the Fed. That's the whole justification for #47 demand.

It's #racism and #grift all the way down.

Oh, btw, the dollar is falling and countries are dumping t-bills. Fun! Thanks, #KingKankles

#FederalReserve#USPol#FinancialDisasterLooming

https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm

Ok y'all...let's talk finance. Big finance, the one that rocks the cradle of the world economy. The US Federal Reserve.

The Reserve, commonly referred to as "#TheFed" is not part of the executive branch; it is an independent central bank that operates within the federal government but is designed to be insulated from political pressures. Its decisions do not require approval from the President.

So why is King Kankles going after Federal Reserve governor Lisa Cook? Because she is a #Black#Woman. That's it. That's all there is to it.

The guy who owns the largest homebuilder in the country #Pulte, sent a tweet with no proof that Ms. Cook had filed a paper incorrectly 4 years before she joined the Fed. That's the whole justification for #47 demand.

It's #racism and #grift all the way down.

Oh, btw, the dollar is falling and countries are dumping t-bills. Fun! Thanks, #KingKankles

#FederalReserve#USPol#FinancialDisasterLooming

https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm

'Unlawful attack' on #Fed integrity says Congressional Black Caucus

The Congressional #Black Caucus, a group of dozens of lawmakers in the US #House & #Senate, called Trump's push to fire #LisaCook #unlawful in a post on X on Tuesday:

“In the 111-year history of the #FederalReserve, no president has ever attempted to remove a governor of the #CentralBank until now.“

#law #economy#Trump#AbuseOfPower

“President #Trump is attempting to oust Dr. #LisaCook — the first #Black #woman to serve on the #FederalReserve Board — with no credible evidence of wrongdoing. This is a blatant effort to distract from his failure to lower costs for Americans & a transparent attempt to install a loyalist at the #CentralBank who will carry out his agenda without question."

#law #economy#AbuseOfPower