BREAKING: Trump Just Weaponized The DOJ Against Fed

Trump Weaponizing the DOJ

It happened fast, but it shouldn’t surprise anyone. The Trump administration has now referred Federal Reserve Governor Lisa Cook to the Department of Justice for alleged mortgage fraud. Within hours, Trump himself was publicly demanding her resignation.

On the surface, this might look like a routine investigation. But let’s be clear, it’s anything but.

Why This Matters

Lisa Cook wasn’t just another Fed official. She was one of the governors who voted last month to keep interest rates steady, despite Trump’s very public push for deep cuts. And here’s the thing: Jerome Powell, the Fed Chair, doesn’t set rates alone. Every decision comes from the entire Federal Reserve Board, including Cook.

By pushing Cook out, Trump isn’t just removing a governor he doesn’t like. He’s setting the stage to fill the board with loyalists who will rubber-stamp his agenda.

Note that Cook was nominated by President Biden and confirmed by the Senate in 2022, making her the first Black woman to serve on the Board, ever.

@krassenstein8/20 trump calls for resignation of Lisa Cook in order to try and take control of the federal reserve. #lisacook #federalreserve #powell #economy

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What’s Really at Stake

Think about the timing. Trump has railed for months about wanting lower interest rates, even before economic conditions justify them. If he succeeds in installing allies inside the Fed, he could prematurely slash rates to juice the economy and markets, all in the service of short-term political gain.

That might sound good in the moment, lower mortgage rates, cheaper borrowing, Wall Street buzzing, but history tells us it’s a dangerous game. Premature cuts can overheat the economy, fuel bubbles, and lead to devastating crashes down the road.

The Bigger Picture

This isn’t just about Lisa Cook. It’s about Trump trying to extend his reach into the one institution designed to operate independently of political pressure. If he can bend the Fed to his will, then the entire system—our markets, our economy, even the dollar’s standing globally, becomes a pawn in his political playbook.

For generations, presidents of both parties respected the Fed’s independence, even when they disagreed. Trump, once again, is breaking precedent. And if he succeeds, we could be looking at one of the most dangerous power grabs in modern American history.