President Trump Fires Lisa Cook

 

ZeroHedge: Lisa Cook'd : Fired By Trump

Trump is moving the levers. 

EBL: Lisa Cook and Federal Reserve Mortgage Fraud Shenanigans

NY Post: Lisa Cook gets fired from the Fed

Legal Insurrection: Fed Lisa Cook Fired

Instapundit: Lisa Cook: You're Fired

AoSHQ: Morning Report 08.25.25

So let me get this straight -- the Fed hired a governor that was a plagiarist, politically deranged, unqualified, and fraudster.

What a disaster. https://t.co/DNeMhpaS4g

— Mark Hemingway (@Heminator) August 26, 2025

While she repeatedly voted to NOT lower interest rates for us, this Fed Governor was lying on her own mortgage documents to get a lower interest rate for herself.

Let that sink in.

Arrest Lisa Cook. pic.twitter.com/rf5LweWe5R

— Kentucky Girl (@Notwokenow) August 26, 2025

Lisa Cook and Federal Reserve Mortgage Fraud Shenanigans

 

I thought Lisa Cook looked familiar 

EBL: Update: Trump fires Lisa Cook and Feds search home of John Bolton this morning...

Instapundit: Fed Lisa Cook being probed by DOJ

AoSHQ: Morning Report 08.22.25

So she’s a plagiarist, an academic fraudster, and a mortgage fraudster? And she runs the Fed?

Sounds about right. https://t.co/nwoG8B6NEz

— Sean Davis (@seanmdav) August 22, 2025 

Fed Chair Jerome Powell blows 2.5 Billion Dollars on Federal Reserve HQ 🤑💸

 

NY Post:  $2.5 billion on new Federal Reserve HQ

Why is this sort of lavish spending allowed?  It is not even that great a design.  

Hot Air: Jerome's House is a very, very, very fine house

Legal Insurrection: Trump: End The Fed?

Instapundit: Replacements and Rate Cut

AoSHQ: Morning Report 07.16.25

Gavin Strangelove Bombs The US Economy 😬🤯

 

Instapundit: Gavin Newsom and Silicon Valley Bank

AoSHQ: Newsom gets paid by SVB

Democrat pol fingerprints and breadcrumbs are all over this mess. The Trump de-regulation argument is a red herring and misdirection. Even Barney Frank admits Trump has nothing to do with it. Biden tanked the economy, drove up inflation and the fed having to raise interest rates, and these failures followed. SVB bank

EBL: Banks Go Bust, but Barney is there for Biden, Biden Bank Runs: Biden Isn't Jimmy Stewart and Yellen Isn't Donna Reed 😬, Fidelity Fiduciary Bank, and Biden Silicon Valley Bank Run 😬

Instapundit: "Rapid Deterioration" of US Banking  and Culture of Corruption

AoSHQ: Morning Report 03.14.23

🤑🦕🦖☄️😬 An extinction event for start ups? #SVBCollapse #stockmarketcrash #extinctioneventhttps://t.co/0hZ7RGYaSR pic.twitter.com/44o2xLnS5d

— Evi L. Bloggerlady (@MsEBL) March 13, 2023

Biden Bank Runs: Biden Isn't Jimmy Stewart and Yellen Isn't Donna Reed 😬

 

EBL: Fidelity Fiduciary Bank and Biden Silicon Valley Bank Run 😬

Oh My: Will they have to dip into the Ukraine aid? 

Instapundit: Biden Aid for Ukraine and Banks, but not for East Palestine Ohio Deplorables

It is so easy for Biden to be generous with your money...

AoSHQ: Biden bails out Silicon Valley Bank and Siganture Bank

Barney Frank on Silicon Valley Signature Bank Board

TOM: Bailouts and Bulls***: Fed Officials Claim ‘No Cost to Taxpayers’ in SVB Deal

Instapundit: The end of the Silicon Valley Era: Get Woke, Go Broke and Jim Cramer

The Lid: Dems soil undies over Hunter bank subpoenas

Don Surber: Go Woke, Go Broke, Get Bailed Out

Hot Air: Can Washington Stop the Bank Runs?

AoSHQ: Morning Report 03.13.23 and Rant

Democrats Prepare To Unleash Hell on Fed Chairman Powell For The Coming Recession

 

ZeroHedge: Democrats Prepare To Unleash Hell On Fed Chair Powell For The Coming Recession

I suppose you could blame the Fed for decades of basically "free" money being printed--certainly since the last recession in 2008. Still, it is wild spending by the Democrats that set us on the inflationary spiral following the 2020 election. 

But hey, Democrats love blaming others for their own mistakes. Unlease hell, indeed. There is not much you can do to stop inflation other than short term pain.  

Instapundit: Democrats pretend there is no recession... and Bad things coming

The left blaming the cure is not a great strategy...

Instapundit: It is way worse than the Dems are claiming, Democrats redefine recession to pretend there is no inflation, The Real Cause of Inflation, CNN admits life worse for Black Americans under Biden, and Biden Admin bracing for bad economic news

Legal Insurrection: White House the definition of Recession (pretend it is not there)

Powerline: How to tell we are in a Recession

AoSHQ: Morning Repot 07.25.22

Should Trump worry about the Deep State tanking the economy?

Hot Air: Democrats haven't been in bad shape like this since 1929... 

(cheeky Hot Air headline)

Will the Deep State pop the current bull market to hopefully sweep back into power?  

This sort of thing has been predicted for a while by ZeroHedge, International Man, and others.  Their timing may be a bit off, but is the theory wrong?  Are these just fever dreams or something more?

Instapundit: Media love rights death of stories. But going back in history, what event happened in 1929 which resulted in Democrats taking the White House for Five Terms in a row?  

Wombat: Mark Steyn: The Decadence of Democrats, also, The Inability To Uni-Task

Instapundit: There is Krugman wishing and Yellen doing...

Market Watch: Can Yellen do a miracle?

Beware The Ides Of March

AoSHQ: While we had a snow day...

CNBC: Markets brace for March rate hike

Steyn On Line: The Superbowl of Superholes

Rush Limbaugh: Are Republicans Tricking Trump?

Powerline: Tom Cotton reject the parliamentarian dodge

The Federalist: Donald Trump should beware the Ides of March

Zero Hedge: Beware The Ides of March and the Fed has set the stage

EBL: Beware the Ides of March July and Are Democrats Abandoning Hillary?

Morning For America's Economy?

TOM: Dow 20,000 and Drill Baby, Drill

I am optimistic but cautious at the same time. Optimistic because while the media freaks over inauguration crowds, President Trump has been quickly reversing Obama's misguided and wrong energy, trade and economic policies (and I suspect more of that is to come).  Along with tax cuts, that will be great for the economy.  

AoSHQ is right, putting the 'con' in conservative

I am cautious because I know there are plenty in the 'Deep State' who want Trump to fail. Goldman Sachs is benefiting from the current rise, but can also benefit from an ebbing tide (especially if they have knowledge of it in advance). Yellen at the Fed will have no problem raising interest rates if there is even a hint of inflation (which will bring down the market). 

We have John Brennan doing anything he can to sabotage Trump with the intelligence communities. We have supposed conservative pundits telling everyone how bad Trump is. We also have allegedly 'conservative' tools like the McMuffin-McPuffin and others in the GOPe who are out to hurt Trump anyway they can.  

Instapundit: Krugman Nightmare, Victor Davis Hanson: If the economy grows during Trump's administration, his opposition will dwindle (and that is why I am cautious, Trump's opposition knows that and is doing everything they can to make sure that doesn't happen) and Dow hits 20,000, Paul Krugman hardest hit

Wombat: Power Line: The Myth of Obama’s Popularity, also, How Green Was My Tesla, American Power: America’s Second Civil War, and Mark Steyn: Wrong And Wronger  All I can say is everything is better with whisky.  That's my prescription for you all.

Market Crash: It's 2008 Again?

Zero Hedge: This wasn't supposed to happen... (what could have caused this)

CNBC: Soros claims it is 2008 again...

Bloomberg: Stock market rout continues, oil slides...
Zero Hedge: Breaking Bad-Der, Copper Future Prices, China suspends circuit breaker rule

It is good to dream kids:

TOM: Marriage Matters

Wombat: Worse Four Day Start of January Evah

Are we heading for a crash of the stock market?

Zero Hedge?  Oh wait this is Forbes and the problem may be bigger than you may realize…

Hmmm…

The key takeaway is that overvalued financial markets are not sustainable and must eventually experience a correction that returns them back to their fundamental value. In a free market (unlike what we have now), stock valuations move in waves, alternating from undervaluation to fair valuation to overvaluation, and back again. The Federal Reserve, by trying to keep the bubble constantly inflated, has distorted this natural process. Regardless, U.S. stocks will come back to earth when the Fed finally loses control of the situation, and the final comedown will be far more painful than would occur in a free market.

How The Stock Bubble Will End

I believe that the longer-term U.S. stock bubble will end when the very fuel behind it is removed, which is record low interest rates. As I discussed in my last stock bubble report, I foresee two ways that rates will rise and pop the stock bubble: 

Scenario #1: After several more years of the Bubblecovery or bubble-driven economic recovery, the Federal Reserve has a “Mission Accomplished” moment and eventually increases the Fed Funds rate too high, creating a hard landing that pops the post-2009 bubbles that were created by stimulative monetary conditions in the first place. Rising interest rates are what ended the 2003-2007 bubble, which led to the Global Financial Crisis. 

Scenario #2: The ballooning and unsustainable amount of government and corporate bond market debt eventually causes investors to jettison bonds en masse, which leads to much higher interest rates.

Misconceptions about bubble markets

Is David Stockman Crazy?

Is David Stockman a voice in the wilderness?

Alibaba!

Why the Obama Administration and the Feds may not want the economy to start growing...

The dam could burst...

When Janet Yellen talks, the market listens...

What could go wrong?

How about this?

h/t: Drudge and Zero Hedge  (gold, nature's bitcoin)

Rick Santelli: Stock market, cannon balls and fairy dust...

More from AoSHQ

So will Obama, Geithner, and Yellen take responsibility when the market calls the Administration on the Federal Reserve policy for the last five years?  Because it can't go on forever.

A new federal reserve chair... with updated Separated at Birth!

As Smitty notes: What could go wrong?

Updated Separated at Birth:

Janet Yellen and...

Everybody dance now!

Pump It Songs

It just seemed appropriate...

Of course if we focused the pumping on getting stuff out of the ground, we might find the economic issues overall would be better.

Update:
Dollar drops against the Euro...
Oil goes up (as do stocks).

Democrats reject President Obama's pick for Fed Chairman: Larry Summers quits

Barack Obama is being challenged by Democrats now.  How lame duck is that?  Of course the liberal Democrats want someone more liberal than Summers and less tied to the Clintons...so the presumption that the Fed nominee will end up being Janet Yellen.  Yellen is a favorite of Elizabeth Warren, who doesn't particularly give me a lot of optimism on what this portends for the U.S. economy going forward.  Still this is an interesting insight of Democrat politics and in-fighting.

Larry Summers out as candidate for Fed Chair

Oh well, the President still has John Boehner backing him.  If only Republicans would take advantage of these opportunities.

Update:
Stocks soar on news Summers is out...
Is the Fed going to continue with quantitative easing?

h/t: Wombat