Post AxMqLtHk3PQJCGT8V6 by sanzasonindaeu@social.vivaldi.net
(DIR) More posts by sanzasonindaeu@social.vivaldi.net
(DIR) Post #AxMcTP1p273KJci6qm by Nonilex@masto.ai
2025-08-20T14:31:25Z
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#Trump demanded on Wednesday that a #FederalReserve governor, Lisa Cook, “resign, now!!!,” citing unconfirmed allegations that she *may* have engaged in mortgage fraud. It is the latest sign that the admin is ramping up its campaign to remake the #independent #CentralBank. Trump has pressured the bank to lower #InterestRates, which it has kept steady out of concern that his policies could cause #inflation.#economy #tariffs #trade #immigration #labor #recession https://www.nytimes.com/2025/08/20/us/politics/trump-fed-resign-lisa-cook-governor.html?smid=url-share
(DIR) Post #AxMcvt1t5EQnTEK68O by Nonilex@masto.ai
2025-08-20T14:36:26Z
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#Trump unleashed his latest attack shortly after [Trump appointee] Bill Pulte, the director of the #Federal #Housing #Finance Agency [#FHFA], said on social media that his office had investigated Ms. Cook & found that she *appeared* to have falsified bank documents to obtain favorable loan terms. Pulte said the FHFA had referred the matter to the #DOJ for a #criminal inquiry.#economy #FederalReserve #tariffs #trade #immigration #labor #inflation #recession
(DIR) Post #AxMd0azVZq1syPSJxw by Nonilex@masto.ai
2025-08-20T14:37:25Z
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In attacking #LisaCook, the FIRST #Black #woman to EVER serve as a #Fed governor, both #Trump & Pulte signaled anew their willingness to #weaponize the instruments of government to #influence monetary #policy, even though experts long have warned that interfering with the Fed & its #independence could bring about catastrophic economic & financial consequences.#economy #FederalReserve #law #tariffs #trade #immigration #labor #inflation #recession
(DIR) Post #AxMdTU5oIuFdybB8wS by Nonilex@masto.ai
2025-08-20T14:42:33Z
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…#Trump is limited in his ability to remove an official from the #FederalReserve, a protection recently reaffirmed by #SCOTUS. Policymakers on the Board of Governors can only be removed for “cause,” which #legal experts define as breaking the #law or gross misconduct.#LisaCook has consistently voted w/ #JeromePowell & is generally seen as aligned with him on #policy. Ousting Ms. Cook, whose term as governor runs through 2038, would give Trump ANOTHER seat on the 7-member board….#economy
(DIR) Post #AxMdkaTXpH4OhAR46K by Nonilex@masto.ai
2025-08-20T14:45:45Z
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#Trump already has one unexpected seat to fill. Adriana Kugler, another #Fed governor, resigned unexpectedly this month, several months before her term was set to expire in Jan. Trump has nominated Stephen Miran, currently the chair of the Council of Economic Advisers, to fill out Kugler’s term. He must still be confirmed by the #Senate.The White House has also started weighing potential replacements for #JeromePowell, whose term as chair ends in May.#economy #FederalReserve #law #recession
(DIR) Post #AxMe6c6kRCUK82H9DU by Nonilex@masto.ai
2025-08-20T14:49:44Z
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A specialist in #international #economics who has researched #racial disparities in #labor, #LisaCook was a professor atMichigan State University when President #Biden appointed her to the #Fed board in 2022.…One of the most prominent #Black #women in a field long dominated by #white #men, Ms. Cook has been an advocate for #diversity in economics. She helped lead the AEA’s summer program, which helps prepare #students from #underrepresented backgrounds for grad programs in #SocialScience.
(DIR) Post #AxMeCxeLG5sEg211do by PedestrianError@towns.gay
2025-08-20T14:50:47Z
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@Nonilex Suddenly everybody they don't like has done "mortgage fraud," haven't they? Yet somehow all the people Trump & cronies have accused combined own less property than Trump alone has bought using loans he fraudulently obtained by misrepresenting his assets and/or liabilities.
(DIR) Post #AxMeN2lN6NrRQp6xs0 by Nonilex@masto.ai
2025-08-20T14:52:40Z
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In a letter posted Wednesday to social media, #FHFA director Pulte revealed that the housing agency had been investigating #LisaCook on *suspicion* of mortgage fraud. It marked just the latest instance in which Pulte, a key political ally of #Trump, had personally targeted a member of the #Fed, after he helped stoke suspicion around #JeromePowell & drafted a letter for Trump firing the chair.#economy #FederalReserve #law #tariffs #trade #immigration #labor #inflation #recession
(DIR) Post #AxMelUOQ1iHW4e22ZE by Nonilex@masto.ai
2025-08-20T14:57:07Z
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…#Trump has himself been found actually #liable of #fraud for #lying to #lenders to secure more favorable interest rates on #loans. Judge #Engoron in #NewYork last year found that Trump had inflated his #NetWorth on loan applications, & imposed a fine of about $450 million, including interest now totaling upwards of one billion dollars. Trump has appealed the ruling.#economy #FederalReserve #law #tariffs #trade #immigration #labor #inflation #recession
(DIR) Post #AxMfBW0od2PacpOyrA by PedestrianError@towns.gay
2025-08-20T15:01:46Z
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@Nonilex Remember that time Trump was convicted of 34 counts of falsifying business records but the judge sentenced him to no punishment and almost half or Americans who voted decided that didn't disqualify him from being president?
(DIR) Post #AxMfbGXykZFqBrC080 by skoombidoombis@mastodon.social
2025-08-20T15:06:27Z
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@Nonilex and tomorrow rick scott will be put in charge of privatizing medicare & social security
(DIR) Post #AxMn3pPlPGF87KutSy by mls14@social.vivaldi.net
2025-08-20T16:29:59Z
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@Nonilex Bill Pulte is a nepo baby who oddly was the only family member to get an inheritance from his billionaire grandpa… also named Bill Pulte (Pulte Homes). Grandpa also gave little Billy control of his company!Bill’s only education is a BA in broadcast journalism. And was known for “Twitter philanthropy” and scammy anti-blight non-profits.Now that he heads the FHFA, he gets an enemies list from Trump, targeting multiple black women, and digs through their mortgage records to make baseless accusations against them. This is corruption at every level of government. GOP Senators are COMPLICIT.
(DIR) Post #AxMpObPmqrdyghxegS by Nonilex@masto.ai
2025-08-20T16:56:14Z
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Holy crap! This muther f⁕⚠︎er actually tweeted the criminal referral letter to his X account with 3 million followers & pinned it to his profile. He barely scratched out #LisaCook’s home address, in some places even leaving the unit number, city, state & zip code which along with her name is easily completed by a simple internet search! That is #doxxing.#Trump #law #intimidation #StochasticTerrorism #privacy #FHFA #economy #FederalReserve #inflation #recession
(DIR) Post #AxMpmLMUBldjqjjnu4 by wendinoakland@beige.party
2025-08-20T17:00:29Z
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@Nonilex What about TFG’s mortgage (or borrowing) fraud? And he was on the hook for $millions!
(DIR) Post #AxMqLtHk3PQJCGT8V6 by sanzasonindaeu@social.vivaldi.net
2025-08-20T17:06:54Z
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@Nonilex Scary shit
(DIR) Post #AxMsWHXQw6hhDjtJjM by ChrisHolladay@mastodon.social
2025-08-20T17:31:05Z
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@Nonilex Someone just tase these fuckers into next year.Make sure you use the yellow handled thingie,they aren't worth a murder chargeSuch vicious idiots.
(DIR) Post #AxQnxYzsPWL433DyoC by Nonilex@masto.ai
2025-08-22T14:59:01Z
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#Trump on Friday said he would fire #FederalReserve Governor #LisaCook if she doesn't resign.Cook, the first #Black #woman to serve on the #Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about mortgages she holds in Michigan & Georgia.#law #SCOTUS #independence https://www.reuters.com/business/finance/trump-says-hell-fire-feds-cook-if-she-doesnt-resign-2025-08-22/