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Lisa Cook sits on the Federal Reserve Board making decisions that affect every American family’s wallet. Yet her background raises serious red flags about whether she belongs in such a powerful position. The woman making choices about our interest rates and economic future has a troubling record that should concern every patriotic American.
Cook’s academic work focused mainly on racial issues in economics, not the complex world of monetary policy that affects millions of jobs. Her research centered on discrimination rather than the nuts and bolts of how to manage our nation’s money supply. When she faced her confirmation hearing, she could barely point to real experience in monetary policy decisions.
The timing of her Chicago Federal Reserve Board appointment looks suspicious too. She got that position just weeks before Biden nominated her to the main Fed board. Nobody learns the complex world of central banking that fast, yet Democrats rushed her through anyway.
Now Trump has fired Cook over serious mortgage fraud allegations that paint a disturbing picture. Federal Housing Finance Agency Director William Pulte found evidence that Cook may have lied on loan applications. She allegedly claimed two different homes as her primary residence to get better interest rates.
This is the kind of behavior that would land regular Americans in serious legal trouble. Yet Cook was sitting on the board that regulates our entire banking system while potentially breaking the law herself. The hypocrisy is stunning and shows how the swamp protects its own.
Cook refuses to step down and is fighting Trump in court instead of facing the music. She claims Trump has no authority to fire her, but Americans deserve honest people making decisions about their money. If she lied about her own mortgages, how can we trust her with our economy.
The left is already crying that this is about race and politics rather than qualifications and integrity. They always play that card when one of their picks gets exposed for poor performance or questionable behavior. But Americans see through these tired excuses.
Our Federal Reserve needs people who understand markets, not activists who got their jobs through political connections. Cook represents everything wrong with Biden’s diversity-first hiring that put ideology over competence. Trump is right to clean house and put America’s economic interests first again.
