edsc... | He is becoming a dictator!! |
thek... | Just based on her responsibility on our country’s monetary policy her behavior specifically on committing fraud financially demonstrates a lack of integrity and a violation of her fiduciary obligations. This is noting to do with politics. If she wanted to keep her job she would have been honest with her mortgages. We need to look at every politician and bureaucrat to see if they are upholding their fiduciary responsibilities |
blik... | I'd fire an employee if I discovered he or she was a criminal. Fraud is a crime. Outta there. FAFO. |
wabs... | God save our republic! |
robs... | If she still has both 30 year (or 15 year) mortgages claiming two homes as her primary residence, then from a credit risk and banking perspective, this serious, fraudulent misconduct is as real today as it was the day she first knowingly lied and executed each mortgage legal agreement. |
csbr... | GAVIN NEWSON WAS RIGHT ABOUT EVERYTHING! |
fero... | The notion that a US president can do whatever they choose for whatever reason to get a favorable outcome is an about face of our founding principles and just proves democracy is dead. |
geof... | Just more power-crazed Trump bullshit. |
jono... | Please stop reporting Trump's attempts to flex his power as though he can just rule by fiat. You're doing his work for him. Trump ATTEMPTED to remove Cook, but since he has no legitimate authority to do so (an accusation of mortgage fraud, you see, is not the same thing as a conviction), he failed. She's not going anywhere. |
atli... | An obvious dictatorial move to control every arm of governance |
ange... | Where is the line to be drawn? Are we going to become Turkey, our economy slaved to a dictator? Nice if it makes YOU rich, but most of us aren’t going to benefit from Trump’s assaults. |
jwth... | If he can dismiss a Fed governor before her term is up--and without due process--Presidents should ALSO be able to remove Supreme Court Justices for alleged infractions (buh-bye, Thomas and Alito). What a stupid and dangerous precedent to set... |
sing... | Once again, Trump believes himself to be above the law. |
rbir... | Not sure of the rules but I suspect he can’t. |
jrv1... | If there is proof of misconduct. But can’t be hearsay. Not for this one person, it should hold true for anyone |
lees... | Federal Reserve is and always should be independent! |
jayw... | Miss abuse of power |
patc... | What a joke. Trump is the King of Mortgage Fraud. |
b_ai... | The Fed reserve governor is crap and if they do not report to the president, who do they report to? |
pldm... | If you find out information on someone that wasn't disclosed before their tenure and it is severe enough then yes they can be terminated. Extreme example, the person murdered someone before they were appointed to the position but was not known yet. |
biz4... | Could depend on facts |
ashu... | It needs proper due process |
lora... | This person broke the law with mortgage fraud. No one is above the law. Regardless what her position is, she knowingly broke the law by lying on her mortgage application. She deserves to be fired. |
juic... | He is the biggest Mortgage Fraudster in our history so he need to go on and remove his old ass first. |
cdog... | He is an ass hat. |
mr.h... | This is an independent agency, the dictator does not have the authority to proceed |
momm... | It’s not coincidental that her perspectives on managing interest rates differ from Trump’s |
spro... | Drain the swamp!! |
jimi... | Simple. No one is above the law! |
barb... | Donald J Trump is an existential threat to our democracy. He is tearing down our government and turning it into a dictatorship |
eric... | Stupid question considering the majority of people do NOT have a background to understand what the law does or does not allow. If the laws allow the president to fire someone in that position, it's a fair move. If the law doesn't allow it, a judge will overturn Trump's decision. |
dale... | He is just showing how powerful he is. He is a buffoon! |
hine... | If that person has been found to have lied about their tax filings or any job related matter that is committing gross negligence and willful misconduct which allows any employer to terminate without cause. The question is whether the Fed Board are US government employees or not. They should be and if not then Congress should change that. At a minimum they are a Contractor to the IS government and the same standard of gross negligence or willful misconduct should apply too. |
jeff... | I don’t just believe he doesn’t have the power to fire her, it is the Law!!!! Of course he thinks he’s above the law. Bravo to her for fighting!!! |
tomd... | The independence of the Federal Reserve Board is paramount. |
crus... | If misrepresentations on loan documents are grounds for removal, the president should recall his convictions for this behavior. |
drhg... | Firing for cause is a given |
tomp... | I am not an Attorney, I do't give legal opinions. |
dsbl... | The rules of her employment are clear...the President may fire her "for cause." Mortgage fraud would seem to me to be a "cause." The rub comes to does that mean accused of mortgage fraud or convicted of it? But make no mistake he has to right to fire her as you say, under certain circumstances. |
joyo... | Employee should also have due process. |
katl... | Trump is a dishonest and continue to manipulate everyone or fires them. So disgraceful and I hope illegal. |
jame... | Another clear example of Trump trying to take over the Fed and set interest rates. which any person with a brain knows will destroy the US bond market world wide. Might not be an issue since Trump fired the head of the Federal agency which researches and publishing information regarding the state of the US economy (prices, jobs created, unemployment rate etc.) because he did not like the most recent reports. Who can trust future economic reports or Fed decisions? Answer: no rational person. Can't wait to see another Cabinet meeting where every Cabinet member starts off his/her report with "Thanks to your leadership Mr President, the US bond and stock market has collapsed and no one will invest in, or expand, its investment in America because, in addition to not being able to borrow money without a huge risk rate premium, it has no idea of where the US economy is currently or anticipated (by experts) to be in the future. |
geoj... | Please do Not interfere with independent agencies that need to be independent from political interference! |
tpri... | if the allegations are true do you want a liar controlling monetary policy? You trust someone who manipulates the system for personal gain? |
nmik... | Because the Fed Gov directly influences the whole country's fiscal horizon. DEI appointments do not allow careful vetting of this importyant job. If there was a money crime in her past, directly reflects her decision making. Partisanship has no role in business and money decisions. |
nanc... | I hope Jerome Powell does the right thing and contests this egregious miscarriage of justice. They haven’t even charged her with anything. So wrong! |
lion... | Allegation happened before term. Due process!!! |
kate... | Ironic that he makes all these claims yet denies the laundry list of allegations against himself |
kvas... | Legal? Illegal? I don't know, and neither do most of the readers of your question. And, like them, I'm not going to delve through the federal laws and regulations to reach an informed opinion. Isn't it really a question of whether you think it's a good idea for the president to target individuals for political retribution because he doesn't like their politics or because they dared to question him or because they believe the Fed's independence is critical to its mission purpose? Trump is a moron, and he should keep his stinking paws off the Fed. He should also de-weaponize the DOJ and let them do their job without fear of political retribution. |
pjpa... | She can’t have financial allegations/crimes & make financial decisions for the country |
djmo... | I believe the President, in the exercise of his Article II authority, has the power to hire and fire any appointed official. I also believe if tested, the Supreme Court would find any restrictions on this power unconstitutional based upon recent actions and decisions. |
schm... | He's such an ass |
tlos... | Trump is off the reservation |
cica... | Right it says in the constitution you’re in innocent until proven guilty. She hasn’t been proving guilty of anything. Donald Trump was afforded that right and he denies it to everyone else. He’s a disgrace. |
artk... | This is for the purpose of filling the fed with his lackeys |
cger... | The Obama's Progressive "Deep State" goes far, wide and deep throughout the DC area. I trust Trump to do everything in his power to save America from these communist. |
twin... | Like ive said before he is a deflector!!! He will fire anyone who doesnt go along with his agenda! He needs to be impeached! |
rojc... | Trump has no cause to do this. It is illegal and dangerous |
pman... | No he doesn’t - this needs to be pushed back and she should find legal ways to stay in her position |
vane... | They are letting him do anything, why are they scared of a man how let someone else run the country, and he just thinks of a way to make the entire nation miserable DAILY. |
chri... | This appears to be a politically motivated removal and should not be allowed |
book... | Trump is out of control |
kold... | He is a fascist. He cares not about legal authority. |
marc... | More of trumps efforts to control |
pamb... | This is just another attempt by Trump to end democracy. |
usct... | Trump is a man of lawlessness. He is not normal. He is an authoritarian wishing to become dictator. |