President Trump made history Monday by firing Federal Reserve Governor Lisa Cook over mortgage fraud charges. This bold move marks the first time any president has removed a Fed governor in over 100 years. Trump is finally taking action against the swamp creatures who have been hurting American families.
Cook and her fellow Fed officials have kept interest rates high for too long. Working families can’t buy homes because mortgages cost too much. Small businesses are drowning in expensive loans while the elites get richer.
The mainstream media is already crying about Fed independence. They want unelected bureaucrats to control our money without any accountability. But Trump was elected to drain the swamp and fight for regular Americans.
Cook refuses to step down even after being fired for alleged fraud. This shows how deep the corruption runs in Washington. These people think they are above the law and above the will of the American people.
If Trump replaces Cook, his appointees will control the Fed board. That means lower interest rates and a booming economy for hardworking families. The establishment hates this because they want to keep ordinary Americans down.
Some so-called experts warn about economic instability and inflation. These are the same people who said Trump would crash the economy in his first term. Instead, he delivered the greatest economy in American history.
The timing could not be better for this bold action. Hiring has slowed and prices are still too high under failed policies. Trump is stepping in to fix the mess left by career politicians and their cronies.
Markets should celebrate this news because Trump knows how to create jobs and wealth. When the Fed stops strangling our economy with high rates, American workers and businesses will prosper again. This is what real leadership looks like.