At issue in Trump v Cook is not whether Lisa Cook can appeal her removal, but rather where her position rests while the appeal is underway. Does she work for the govt? Or is she technically removed from govt, pending appeal?
The Supreme Court ruled in favor of Lisa Cook remaining in her position as a member of the Federal Reserve’s Board of Governors whom President Donald Trump had attempted to fire. By a vote of 5-4 [PDF HERE] [the court says Cook can continue to remain in her job while her challenge to Trump’s removal moves forward.
Chief Justice John Roberts delivered the opinion of the Court, and SOTOMAYOR, KAGAN, KAVANAUGH and JACKSON concurred.
Justice Clarence Thomas filed a dissenting opinion. ALITO filed a dissenting opinion, in which GORSUCH joined, and BARRETT also filed a dissenting opinion.
This is a rather goofball decision when you consider the previous issues with the Consumer Financial Protection Bureau and the high court prior ruling that President Trump can remove the head of the agency.
Additionally, if Lisa Cook does not work for the President of the United States, meaning if she doesn’t work for the Executive Branch, then who exactly is she working for? She doesn’t work for the legislative branch, and she doesn’t work for the judicial branch. Therefore, a de facto mysterious 4th branch of government is created.
Writing the majority opinion, Chief Justice John Roberts said if the Trump administration were correct, it “would in effect transform the Federal Reserve’s for-cause protection into at-will employment, an leap out of step with the statute Congress enacted and our Nation’s tradition of central banking protected from political interference.”
Justice Clarence Thomas said the 5-4 ruling was “incorrect.” “Although the Court expresses concern that the President removed a Board member for ‘the first time in the Federal Reserve’s 111-year history, it expresses no such concern that it today upholds an injunction [here] against the President’s removal of an executive officer for the first time in the Constitution’s 237-year history.”
If the Federal Reserve Board of Governors are not subject to the plenary power of the executive branch, then who controls it? If no one, then the Federal Reserve Board (FED) exists to control the American economy without any oversight from any mechanism within the U.S. Constitution.
The federal reserve is a fourth branch of government?
This decision seems rather weird….. Especially when the next ruling is considered.
I wonder if Justice Roberts is still communicating with Sheldon Snook.
Two pals.
Check the warrantless database.
Husband of Mary McCord.
Wow…. that’s one ugly dude!
That photo looks like the husband of Sheldon Snookie.
They switch off
I call her Manny McCord.
🤣
Or Norm Eisen
not creating, just sustaining the 4th branch.
affirming
The bottom line here is that the Federal Reserve is unconstitutional. It should not exist. Nowhere in the Constitution is a national central bank contemplated, nor does it give the government the power to create one. The government has been in violation of the 10th amendment ever since its creation. This Supreme Court is infested with nitwits.
THIS ^^^^
I was surprised that they took the case, as any honest appraisal of the Fed would find
that it is not Constitutional.
If it took 50 years to find Roe Unconstitutional,
how many years will it take for the Supremes to admit what is commonly known??
Couldn’t agree more. A most illogical ruling. Twisted.
well now, if the counterfeiting banksters get challenged, the judges might not get their paycheck. no sense in letting the sweaty wallmart voters gum up your gubbermint paycheck
That’s rich! I like how you think.
Thought the IC was the fourth branch? And the media is the fifth column.
Though I now think there are more anti American forces at work, starting with the DSA Communists and the Jihad tribes.
”Who exactly does she work for?”
Who oversees the Federal Reserve? Ask Susan Kokinda and Barbara Boyd.
Exactly. Jekyll Island and Sea Island are amazingly poorly understood, given their outsized influence.
She has committed mortgage fraud that is provable. She’s probably a DEI appt. WTH?
So, President Trump can fire an Internal Revenue Agent who files a fraudulent tax return but he can’t fire a Federal Reserve director who files a fraudulent loan application with a bank?
This makes perfect sense to me. How about you?
Correct. No one at the Fed Reserve is a governmental employee
And yet their checks are still paid out by the Treasury despite being a private organization whose directors can be appointed by the President. Trying to square that circle which is the Fed is a waste of effort.
The Federal Reserve doesn’t deserve to exist, yet it does because people in the past built it to do exactly what it does for purposes contrary to our national interests. To control the US economy for one.
The 4th branch of Government (The Federal Reserve) now has their true name.
If main street is making too much profit, then they (the 4th branch) raise the national banks lending rates so the 4th branch can make more money off main street’s profits.
It would be a shame for main street to reinvest their profits because the 4th branch claims “the economy is running too hot” and behind closed doors they get their greedy little hands on main street’s additional profits.
If main street hits a brick wall with higher interest rates, then the 4th branch has caused national bankruptcies, but 4th branch has no liability even though they caused some banks to write-off bad loans.
You would think since the banks have federal legislation that controls their business dealings, the banks would complain…maybe to the other three bonafide branches of government.
If inflation rises affecting main street and the public at-large, the 4th branch has no responsibility to lower rates until said inflation reaches the 40-plus year old goal of 2%.
Social Security recipients have cost-of-living pay raises each year based upon inflation.
4th branch has never increased their etched-in-stone 2% inflationary goal even though cost-of-living expenses should have increased the 2% inflationary goal.
I don’t have the cost-of-living annual numbers but just quickly adding 2.5% per year for 40-years brings the 2% to about 4.5%.
Just thinking out loud.
You know what they do not tell you about that 2% inflation target? It’s what it does to your purchasing power.
A sustained rate of a mere 2% year over year will halve the value of the currency in about 36 years due to the compounding effect over time. Higher rates will obviously debase it quicker.
These are the Frankenstein rulings you get when you have DEI hires and Justices afraid of their own shadows on the SC.
Including the Intelligence Community, I count five Branches of US Government. But if four and five meet in a closet, then we will only have one branch. Probabally already happened.
The Fed is The City of London. Check out PA’s Monday update. Wow.
Charles Lindberg Sr. wrote about it in the 1930’s. G. Edward Griffin spoke about it often. I was probably in one of the last econ classes in college that mandated understanding it back in the 80’s.
“If the Federal Reserve Board of Governors are not subject to the plenary power of the executive branch, then who controls it? ” Was this questions asked? If so, why did they say?
The order the opinions were released in is important.
The latter released opinion actually operates to implicitly overrule the older case.
One can argue that this older opinion is already dead law.
It’s easy to hire an Affirmative Action employee but impossible to fire them!
In light of the other ruling, which was 6-3, this ruling is absolute insanity…
The Federal Reserve has never been a federal agency. Therefore PDJT doesn’t have ‘jurisdiction’.
Bingo
I have always said that the Fed Reserve has no federal oversight and people with phd’s would argue with me
They are a “private” entity, always have been.
The Fed, the SCOTUS and the IC all operate totally unchecked and fully unbalanced.
I believe there is a fourth branch, it is citizen’s grand jury and citizen’s militia:
Normally that would be the 4th branch, but since that branch has already been taken by the corrupt bureaucrats and lobbyists, in today’s reality it’s the fifth branch. And that branch has never been closer to activating than it is today. Some will blow this off, but the anger and frustration is real, and it is deep, and there will be consequences.
WTAF?
More Bobble-head logic from the Roberts court.
>> The federal reserve is a fourth branch of government?
For a long time it has seemed that way to me.