{"id":42863,"date":"2025-08-27T08:12:22","date_gmt":"2025-08-27T13:12:22","guid":{"rendered":"https:\/\/huewhite.com\/umb\/?p=42863"},"modified":"2025-08-27T08:12:22","modified_gmt":"2025-08-27T13:12:22","slug":"and-why-again","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2025\/08\/27\/and-why-again\/","title":{"rendered":"And Why Again?"},"content":{"rendered":"<p>Is this firing really about Trump looking to appoint a different Fed governor?<\/p>\n<blockquote>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmespdb39005o2cp14vyrbuwn@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">Federal Reserve Governor Lisa Cook\u2019s attorney, Abbe Lowell, announced on Tuesday he is filing a lawsuit to challenge\u00a0<a href=\"https:\/\/www.cnn.com\/2025\/08\/25\/business\/trump-fire-fed-governor\">President Donald Trump\u2019s attempt to fire her<\/a>\u00a0on Monday evening.<\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmespfpgt00043b6nurg2eqa0@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\u201cPresident Trump has no authority to remove Federal Reserve Governor Lisa Cook. His attempt to fire her, based solely on a referral letter, lacks any factual or legal basis. We will be filing a lawsuit challenging this illegal action,\u201d he said in a statement sent to CNN.<\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmespfy26000a3b6njbq9e1hp@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">The announcement comes hours after Trump posted on social media a letter addressed to Cook informing her that he had sufficient \u201ccause\u201d to fire her.<em> [<a href=\"https:\/\/www.cnn.com\/2025\/08\/26\/business\/cook-fed-lawsuit\" target=\"_blank\" rel=\"noopener\"><strong>CNN\/Business<\/strong><\/a>]<\/em><\/p>\n<\/blockquote>\n<p data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmespfy26000a3b6njbq9e1hp@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">Is it just a racist reaction? Appointed by a Democrat?<\/p>\n<p data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmespfy26000a3b6njbq9e1hp@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">Or is he terrified that the Fed will look ever so much more competent than he does? People who do not bear up under comparison sometimes seek to be rid of their competition. Is he so afraid of looking bad that he&#8217;d rather cripple a major force in the financial world?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is this firing really about Trump looking to appoint a different Fed governor? Federal Reserve Governor Lisa Cook\u2019s attorney, Abbe Lowell, announced on Tuesday he is filing a lawsuit to challenge\u00a0President Donald Trump\u2019s attempt to fire her\u00a0on Monday evening. \u201cPresident Trump has no authority to remove Federal Reserve Governor Lisa \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2025\/08\/27\/and-why-again\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42863","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=42863"}],"version-history":[{"count":2,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42863\/revisions"}],"predecessor-version":[{"id":42868,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/42863\/revisions\/42868"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=42863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=42863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=42863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}