09/16/2025
Trump Can’t Fire the Fed (Yet)
Hours before the big Fed meeting, tried to boot Fed governor Lisa Cook from her seat and the appeals court basically told him, “that’s not how this works.” Cook, the first Black woman to serve on the board, called the move what it was no authority and all politics. Meanwhile Trump got his guy confirmed, so he’ll still have a loyalist at the table when the Fed votes on his dream rate cut. Wall Street’s supposed to fear volatility, but nothing rattles the markets quite like a president playing HR with the central bank.