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๐Ÿ‡บ๐Ÿ‡ธ Ronald Carter
@USronaldcarter
Ronald Carter
๊ฐ€์ž… October 2021
504 ํŒ”๋กœ์ž‰ ์ค‘    155.8K ํŒฌ
NOBODY IS TELLING YOU THE REAL STORY OF THE SCOTUS TRUMP v. COOK RULING Yes, the Court ruled 5-4. Yes, Lisa Cook keeps her seat on the Federal Reserve Board. Yes, Trump fired her over mortgage fraud allegations โ€” dual primary residence claims on two loans within two weeks. But here's the part everyone is missing: The Federal Reserve Board sets interest rates for the entire U.S. economy. Its 7 governors serve 14-year terms. The president cannot fire them at will. And SCOTUS just confirmed that even proven misconduct allegations are not enough to override the statute. โ†’ The Federal Reserve Act gives governors a "for cause" removal standard โ€” the same protection used to block Trump โ†’ No president in 112 years has ever successfully removed a sitting Fed governor โ†’ Lower courts already issued injunctions in September 2025 blocking the firing โ†’ SCOTUS's 5-4 ruling allows Cook to vote on interest rates and bank regulation while litigation continues โ†’ The merits case is still unresolved โ€” meaning this fight is not over If the "for cause" standard holds at the merits stage, then the president cannot remove Fed governors for misconduct. If the president cannot remove Fed governors for misconduct, then the Board is functionally insulated from all executive accountability. If the Board is insulated from all executive accountability, then the institution that controls the price of every dollar in the U.S. economy answers to no elected official. If the institution that controls the price of every dollar answers to no elected official, then the constitutional question the source tweet is asking โ€” which branch is the Fed? โ€” has no clean answer under current law. That's what nobody is saying out loud. The 2026 fight over who controls U.S. monetary policy was just decided 5-4 โ€” while the merits case hasn't even been heard yet. I'll keep you updated. Turn on notifications. ๐Ÿšจ
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