The Fed appears to stand by Governor Cook (for now) with a weaselly statement:
“Lisa Cook has indicated through her personal attorney that she will promptly challenge this action in court and seek a judicial decision that would confirm her ability to continue” on the Board of the Federal Reserve System, the Fed says in a statement.
“As always, the Federal Reserve will abide by any court decision”
A statement that removes Powell from the fray for now… but we would expect a rapid response from Trump who earlier stated he was ready for a legal battle.
“Oh sure, always,” Trump said at a Cabinet meeting at the White House on Tuesday.
“She seems to have had an infraction, and she can’t have an infraction — especially that infraction, because she’s in charge of, if you think about it, mortgages.”
Presumably, The Fed’s statement combined with Bill Pulte’s receipts on her actual alleged fraudulent mortgage applications suggests she will be forced out by the facts sooner rather than later.
“I abide by the court,” President Trump says when asked to comment on the Federal Reserve’s statement that it will abide by any court decision issued regarding Lisa Cook.
Of course, The Democrats have already played the race card, claiming there is ‘no credible evidence’ (which is simply a lie) and remind the world she is the first black Fed Governor:
Poking the heart of the luciferian financial cabal… london!
Go trump..FTF