Yellen Rebukes Trump's 'Unlawful' Firing of Fed Governor (Connecting the Dots: Lisa Cook, Janet Yellen, University of California, Berkeley, The Students for Justice in Palestine (SJP), Zohran Mamdani & Soros Funding, All Networking)
Newsmax.com
By Eric
Mack | Wednesday, 27 August 2025 01:54 PM EDT
https://www.newsmax.com/newsfront/federal-reserve-governor/2025/08/27/id/1224152/
President
Donald Trump's bid to remove Federal Reserve Governor Lisa
Cook is both
"unlawful and dangerous," according to former Treasury Secretary Janet
Yellen, calling it
a direct attack on the independence of the central bank.
"President
Donald Trump's claim that he has 'fired' Federal Reserve governor Lisa Cook 'for cause' is
not only unlawful; it is profoundly dangerous," Yellen wrote in a
Financial Times opinion piece. "It represents a direct attempt to
politicize the Fed, intimidate its leadership and bend monetary policy to the president's
will."
Cook,
appointed in 2022 and the first Black woman to serve on the Fed Board, has
faced allegations from Trump and Federal Housing Finance Agency Director Bill
Pulte for mortgage fraud. She has denied wrongdoing and has vowed to fight her
removal in court.
The
Federal Reserve governors serve 14-year terms and may only be removed "for
cause" tied to documented misconduct to avoid political retribution,
according to Yellen.
"Accusations
are not cause," Yellen argued. "For Trump to invoke cause here is a
fiction; it is a pretext to justify an autocratic power grab.
"This
is not about one Federal Reserve governor," Yellen continued. "It is
about intimidation. By targeting Cook, Trump is sending a chilling message to
every member of the Federal Reserve board and to the regional reserve bank
presidents who take part in the Federal Open Market
Committee: express
disagreement with the president's views and you are next."
Yellen
fears the Federal Reserve Board will become a "puppet stage for
presidential whims and priorities."
She was
a DEI hire by former President Barack Obama as the first woman Federal Reserve
Board and former President Joe Biden as the first woman Treasury Secretary on
those administration's presidential whims and priorities.
Yellen
is not a fan of Trump's politics, taking the political position his politics
are dangerous to economics.
"If
markets believe the Fed's hand is guided by political orders, every interest
rate decision will lose credibility," Yellen wrote. "Inflation
expectations could become unmoored. The dollar's standing as the world's
reserve currency would be imperiled."
Yellen
urged Congress, the courts, and the financial community to reject Trump's move
outright.
"Trump's
attempted sacking of Cook should be met with outrage, not with shrugs,"
she concluded. "Congress must defend the Fed's independence. The courts
must strike down this unlawful power play. And the financial community must
raise its voice against a direct assault on the credibility of the dollar
itself."
Trump
is convinced the Biden holdover-led Fed is costing Americans billions by not
reducing interest rates in a timely fashion, calling sitting Federal Reserve
Chair Jerome Powell as "too late."
Connecting
the Dots:
Students for Justice in Palestine (SJP) was founded at the University of California, Berkeley.
Zohran Mamdani is co-founded the
school's chapter of Students for Justice in Palestine, a member of
the Democratic Socialists of America and the presumptive
Democratic nominee for mayor of New York City in the 2025
election.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Lisa Cook earned a PhD in economics from
the University of California, Berkeley, is a member of the Federal
Reserve Board and a board of directors of the Federal Reserve
Bank of Chicago.
Lisa
D. Cook
https://en.wikipedia.org/wiki/Lisa_D._Cook#Early_life_and_education
Early
life and education
Cook
earned a PhD in economics from the University of California,
Berkeley in 1997 under the guidance of Barry
Eichengreen and David Romer.
David H. Romer is
a professor at the University of California, Berkeley and a
senior fellow at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society.
Richard C. Blum was
an honorary trustee at the Brookings Institution (think tank), a
regent at the University of California, married to Senator Dianne
Feinstein and a board member for the Haas School of Business.
University
of California, Berkeley is a University of California campus.
Haas
School of Business is a business school at the University of
California, Berkeley.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Janet L. Yellen is
a professor emeritus at the University of California, Berkeley, married
to George A. Akerlof, was the U.S. Secretary of the
Treasury for the Joe Biden administration, the vice chair
for the Federal Reserve Board, the chair for the Federal Open
Market Committee and the president & CEO for the Federal
Reserve Bank of San Francisco.
George A. Akerlof is
married to Janet L. Yellen and a professor at the University of
California, Berkeley.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Christina D.
Romer is a professor at the University of California,
Berkeley, married to David H. Romer and was the council of
economic adviser’s chairman for the Barack Obama administration.
David H. Romer is
a professor at the University of California, Berkeley and a
senior fellow at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Vernon E. Jordan Jr. is an honorary trustee at the Brookings Institution (think tank) and was the president of the Economic Club of Washington.
Carol A. Melton was a director at the Economic Club of
Washington and a trustee at the Committee for Economic
Development.
Robert G.
Liberatore was a director at the Economic Club of Washington and
a trustee at the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman for the Foundation to
Promote Open Society.
Letitia James is the chair for the Committee
on Economic Development, the Attorney General of New York and
received her MPA at Columbia University.
Mahmood Mamdani is a Ugandan academic, author, and
political commentator and The Herbert Lehman Professor of Government and a
professor of anthropology, political science and African studies at Columbia University and Zohran Mamdani’s father.
Zohran Mamdani Mahmood Mamdani’s son, a member of the Democratic
Socialists of America, the presumptive Democratic nominee for mayor
of New York City in the 2025 election and a co-founded the
school's chapter of Students for Justice in Palestine.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Lisa Cook earned a PhD in economics from
the University of California, Berkeley, is a member of the Federal
Reserve Board and a board of directors of the Federal Reserve
Bank of Chicago.
Lisa
D. Cook
https://en.wikipedia.org/wiki/Lisa_D._Cook#Early_life_and_education
Early
life and education
Cook
earned a PhD in economics from the University of California, Berkeley in
1997 under the guidance of Barry Eichengreen and David Romer.
David H. Romer is
a professor at the University of California, Berkeley and a
senior fellow at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank) the president emeritus for the Robert Trent Jones Golf Club
(Gainesville, VA) and was the president of the Economic Club of
Washington.
John G. Roberts
Jr. is an honorary member of the Robert Trent Jones Golf Club
(Gainesville, VA), the chancellor for the Smithsonian Institution,
the chief justice for the U.S. Supreme Court and married to Jane
Sullivan Roberts.
Jane Sullivan
Roberts is married to John G. Roberts Jr. and was a
partner at Pillsbury Winthrop Shaw Pittman LLP.
David M.
Rubenstein is a partner at Pillsbury Winthrop Shaw Pittman LLP, Joe
Biden spent Thanksgiving with him, a regent at the Smithsonian
Institution, the co-chairman for the Brookings Institution (think
tank) and the president of the Economic Club of Washington.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank) the president emeritus for the Robert Trent Jones Golf Club
(Gainesville, VA) and was the president of the Economic Club of
Washington.
Carol A. Melton was
a director at the Economic Club of Washington and a
trustee at the Committee for Economic Development.
Robert G.
Liberatore was a director at the Economic Club of Washington and
a trustee at the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman for the Foundation to
Promote Open Society.
Letitia James is the chair for the Committee
on Economic Development and the Attorney General of New York.
Davia B. Temin was
a trustee at the Committee for Economic Development and is a member
of the Belizean Grove.
Julie Daum is a
trustee at the Committee for Economic Development and a member of
the Belizean Grove.
Carolyn S. Chin was
a trustee at the Committee for Economic Development and is a member
of the Belizean Grove.
Mary Agnes
Wilderotter is a trustee at the Committee for Economic
Development and a member of the Belizean Grove.
Henrietta
Holsman Fore is a trustee at the Committee for Economic
Development and a member of the Belizean Grove.
Sonia Sotomayor was
a member of the Belizean Grove, is a
justice for the U.S. Supreme Court and a member of the Phi
Beta Kappa Society.
Samuel
Anthony Alito Jr. is a member of the Phi Beta Kappa Society and
a justice for the U.S. Supreme Court.
Stephen G. Breyer is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Ruth Bader
Ginsburg is a member of the Phi Beta Kappa Society and
a justice for the U.S. Supreme Court.
Elena Kagan is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Anthony M. Kennedy is
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
David Hackett
Souter is a member of the Phi Beta Kappa Society and
was a justice for the U.S. Supreme Court.
Harry A. Blackmun was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Lewis F. Powell
Jr. was a member of the Phi Beta Kappa Society and a
justice for the U.S. Supreme Court.
John Paul Stevens was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
William Howard
Taft was a member of the Phi Beta Kappa Society and
the chief justice for the U.S. Supreme Court.
Byron R. White was
a member of the Phi Beta Kappa Society and a justice for
the U.S. Supreme Court.
Potter Stewart was
a member of the Phi Beta Kappa Society, and a justice for the U.S.
Supreme Court.
George H.W. Bush was
a member of the Phi Beta Kappa Society and a member of the Bohemian
Club.
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
Sonia Sotomayor is a member of the Phi Beta Kappa Society, a justice for the U.S. Supreme Court and a member of the Belizean Grove.
Davia B. Temin is a member of the Belizean Grove and was a
trustee at the Committee for Economic Development.
Julie Daum is
a member of the Belizean Grove and was a trustee at the Committee
for Economic Development.
Carolyn S. Chin is
a member of the Belizean Grove and was a trustee at the Committee
for Economic Development.
Mary Agnes
Wilderotter is a member of the Belizean Grove and a
trustee at the Committee for Economic Development.
Henrietta
Holsman Fore is a member of the Belizean Grove and a
trustee at the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman for the Foundation to Promote
Open Society.
Letitia James is the chair for the Committee
on Economic Development, the Attorney General of New York and obtained
her Juris Doctor degree at Howard University.
Kamala D. Harris graduated
from Howard University and was the vice president of the Joseph
R. Biden Jr Administration.
Earl G. Graves is
a trustee at Howard University and a trustee at the Committee
for Economic Development.
Vernon E. Jordan
Jr. is a trustee at Howard University, an Oak
Bluffs (MA) homeowner, Valerie B. Jarrett’s great
uncle and was the president of the Economic Club of Washington.
Carol A. Melton was
a director at the Economic Club of Washington and a
trustee at the Committee for Economic Development.
Robert G.
Liberatore was a director at the Economic Club of Washington and
a trustee at the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman for the Foundation to Promote
Open Society.
William H.
Donaldson was a trustee at the Committee for Economic
Development and a member of the Skull and Bones.
George H.W.
Bush was a member of the Skull and Bones and a member
of the Bohemian Club.
Belizean_Grove is
the equivalent to the male-only social group, the Bohemian Club.
Sonia Sotomayor was a member of the Belizean Grove and is a justice for the U.S. Supreme Court.
Davia B. Temin is a member of the Belizean Grove and was a
trustee at the Committee for Economic Development.
Julie Daum is
a member of the Belizean Grove and was a trustee at the Committee
for Economic Development.
Carolyn S. Chin is
a member of the Belizean Grove and was a trustee at the Committee
for Economic Development.
Mary Agnes
Wilderotter is a member of the Belizean Grove and a
trustee at the Committee for Economic Development.
Henrietta
Holsman Fore is a member of the Belizean Grove and a
trustee at the Committee for Economic Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman for the Foundation to Promote Open Society.
Roger W. Ferguson Jr. is a co-chairman for the Committee for
Economic Development and was the vice chairman for the Federal
Reserve Board.
Lisa Cook is a member of the Federal
Reserve Board, a board of directors of the Federal Reserve Bank of
Chicago and earned a PhD in economics from the University of
California, Berkeley.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Gregory Q. Brown is
a director at the Federal Reserve Bank of Chicago and a member
of the Commercial Club of Chicago.
Charles L. Evans is
the president & CEO for the Federal Reserve Bank of Chicago and
a member of the Commercial Club of Chicago.
William C. Foote is
a director at the Federal Reserve Bank of Chicago and a member
of the Commercial Club of Chicago.
Terry Mazany is
a director at the Federal Reserve Bank of Chicago and a member
of the Commercial Club of Chicago.
Frederick H.
Waddell is a director at the Federal Reserve Bank of Chicago and
a member of the Commercial Club of Chicago.
Anthony K.
Anderson was a director at the Federal Reserve Bank of Chicago and
is a member of the Commercial Club of Chicago.
John A. Canning
Jr. was the chairman for the Federal Reserve Bank of Chicago and
is a member of the Commercial Club of Chicago.
Silas Keehn was
the president for the Federal Reserve Bank of Chicago and is a
member of the Commercial Club of Chicago.
Michael H. Moskow was
the president & CEO for the Federal Reserve Bank of Chicago and
is a member of the Commercial Club of Chicago.
Thomas J. Wilson was
a director at the Federal Reserve Bank of Chicago and is a
member of the Commercial Club of Chicago.
Valerie B. Jarrett was a board member for the Federal Reserve Bank of Chicago, the senior adviser for the Barack Obama administration, is a member of the Commercial Club of Chicago and Vernon E. Jordan Jr’s great niece.
Jeffrey A. Joerres is a director at the Federal Reserve Bank
of Chicago and a trustee at the Committee for Economic
Development.
Foundation to Promote Open Society was a funder for the Committee
for Economic Development.
George Soros was the chairman for the Foundation to Promote Open Society.
Lee C. Bollinger is a trustee at the Committee for Economic
Development and was the chairman for the Federal Reserve Bank
of New York.
Letitia James is the chair for the Committee
on Economic Development, the Attorney General of New York and
received her MPA at Columbia University.
Mahmood Mamdani is a Ugandan academic, author, and
political commentator and The Herbert Lehman Professor of Government and a
professor of anthropology, political science and African studies at Columbia University and Zohran Mamdani’s father.
Zohran Mamdani Mahmood Mamdani’s son, a member of the Democratic
Socialists of America, the presumptive Democratic nominee for mayor
of New York City in the 2025 election and a co-founded the
school's chapter of Students for Justice in Palestine.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Lisa Cook earned a PhD in economics from
the University of California, Berkeley, is a member of the Federal
Reserve Board and a board of directors of the Federal Reserve
Bank of Chicago.
Lisa
D. Cook
https://en.wikipedia.org/wiki/Lisa_D._Cook#Early_life_and_education
Early
life and education
Cook
earned a PhD in economics from the University of California,
Berkeley in 1997 under the guidance of Barry
Eichengreen and David Romer.
Janet L. Yellen is
a professor emeritus at the University of California, Berkeley, married
to George A. Akerlof, was the U.S. Secretary of the
Treasury for the Joe Biden administration, the vice chair
for the Federal Reserve Board, and the president & CEO for
the Federal Reserve Bank of San Francisco.
George A. Akerlof is
married to Janet L. Yellen and a professor at the University of
California, Berkeley.
Students for Justice in Palestine (SJP) was founded at the University
of California, Berkeley.
Christina D.
Romer is a professor at the University of California,
Berkeley, married to David H. Romer and was the council of
economic adviser’s chairman for the Barack Obama administration.
David H. Romer is
a professor at the University of California, Berkeley and a
senior fellow at the Brookings Institution (think tank).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society.
Resources:
Past Research
Yellen:
'I Was Wrong' About Inflation (Connecting the Dots: Soros, U.S. Department of
the Treasury, Wall Street Journal, Janet Yellen, Berkeley, Federal Reserve and
the Group of Thirty) (Past Research on Janet Yellen
& the University of California, Berkeley)
Thursday,
June 2, 2022
https://thesteadydrip.blogspot.com/2022/06/yellen-i-was-wrong-about-inflation.html
AG
James Plans Appeal of Trump's Tossed $527M Penalty (Connecting the Dots: New
York Attorney General Letitia James, The Committee for Economic, Development
Judge Arthur Engoron, Lisa Cook, The Federal Reserve & Soros Funding, All
Networking) (Past Research on Lisa Cook & the University
of California, Berkeley)
https://thesteadydrip.blogspot.com/search?q=Lisa+Cook+
Berkeley
Mayor Wants ‘Free Speech Week’ Canceled; Trump Supporters ‘Wanted to Get Beat
Up’ by Antifa (Past Research on the University of
California, Berkeley)
Wednesday,
August 30, 2017
https://thesteadydrip.blogspot.com/2017/08/berkeley-mayor-wants-free-speech-week.html
Letitia
James – Biography (Connecting the Dots: Letitia James, The Committee for
Economic Development & Soros Funding, All Networking) (Past Research on the Belizean Grove)
Saturday,
June 28, 2025
https://thesteadydrip.blogspot.com/2025/06/letitia-james-biography-connecting-dots.html
Chief
Justice Defends Judicial Independence, Saying It's Under Threat (Connecting the
Dots: Chief Justice John Roberts, The U.S. Supreme Court, The Smithsonian
Institution, Nancy Pelosi, Jimmy Carter, The U.S. Department of Education, The
Alfalfa Club, Phi Beta Kappa Society, The Belizean Grove, The Bohemian Club
& Soros Funding, All Networking) (Past Research
on the U.S. Supreme Court)
Thursday,
January 2, 2025
https://thesteadydrip.blogspot.com/2025/01/chief-justice-defends-judicial.html
Vice
Chair Stanley Fischer Is Stepping Down from the Fed (Past
Research on Janet Yellen)
Friday,
September 8, 2017
https://thesteadydrip.blogspot.com/2017/09/vice-chair-stanley-fischer-is-stepping.html
