Trump’s firing of the Federal Reserve head was condemned as “authoritarian power robbery” – US political live broadcast | US news

Hello, welcome to the American Political Scene Blog. I’m Tom Ambrose and over the next few hours I’ll bring you all the latest news lines.

Let’s start with the news Donald Trump accused of “patch together” allegations of fire Fed Governor Lisa Cook.

The president says she will lose her job She committed accusation of mortgage fraud – A remarkable move marks the latest escalation in Trump’s attack on central bank independence.

Trump wrote to Cook on Monday, telling her he evacuated her from her post “effective immediately” based on allegations from one of his ally, who said she received a mortgage on the second home, which she mistakenly described as a primary residence.

Maxine Waters, the top Democrat on the House Financial Services Committee, said Trump’s attack on Cook was clearly a sign of his ongoing effort to “undermine the Fed’s independence” and shifted his attention to signs of economic challenges posed by his policies. Waters said:

Their latest goal is Dr. Lisa Cook, a highly qualified, pioneering economist and the first black woman to serve on the Fed Council committee since the founding of Congress in 1913.

It makes it very clear to me that the allegations against Dr. Cook have been pieced together to try to replace the person she replaced with someone who is first loyal to Trump rather than the U.S. Constitution or U.S. law.

Hours later, Cook responded in a statement emailed to reporters through a law firm of attorney Abbe Lowell, who said: “By the law, there is no reason, he has no power” to remove her from the job appointed by Joe Biden in 2022.

She said:

I will continue to perform my duties to help the U.S. economy.

Lowell said Trump’s request “lacks any proper procedure, basis or legal authority”, adding:

We will take any action to prevent his illegal action.

Trump posted The full text of the letter Monday night on social media. In it, he said he found “enough reasons” in the allegations against her to evacuate her from her position.

Meanwhile, the top Democratic legislator angrily condemned Trump’s attempt to fire the chef. Massachusetts Senator and ranking member of the Senate Banking, Housing and Urban Affairs Committee, Elizabeth Warren called it “a desperate president seeking scapegoat to cover up his failure to lower the costs of Americans.”

“This is a dictatorial power, blatant violation of it Fed Action must be overturned in court. “Warren said.

Read our full report here:

In other developments:

• Trump did not mention it, saying three times that he planned to reshape the “Defense Department” by returning to the “Defense Department” before 1947.

• In court application Trump administration It said it intends to withdraw federal approval from offshore wind farms near Maryland and Delaware coasts.

• Trump’s back had a huge bruise on his right hand, which the president seemed to have been poorly hiding under the makeup coating last week, clearly seeing in public appearances, re-specting that the White House might have hidden information about its health.

• California Republicans go to court to challenge a plan made by the governor, Gavin Newsomto re-establish congressional borders in response to a redistricting plan that aims to bring Republicans in Texas to five more House seats in Texas.

• Videotapes recorded for Fox News streaming documentary proved that the president told reporters that Maryland Gov. Wes Moore hugged and praised him during the Army-Navi football game in December.

• The Utah legislature will need to quickly re-draw the state’s congressional boundaries, a judge ruled on Monday that Republican-controlled bodies would violate voter rights.