*LAWYER FOR FED'S COOK SAYS WILL FILE LAWSUIT CHALLENGING FIRING
*LAWYER FOR FED'S COOK SAYS WILL FILE LAWSUIT CHALLENGING FIRING
The implication is that the rest of the Board is accepting her firing, and that she has been removed. Not good. The better strategy would be to continue work as normal and make Trump get an order removing her.
By "not good" I gues you mean horrifying. Has Powell said anything at all?
Uh oh
Any Powell statement?
Cook said yesterday she intended to carry on with her duties, I think this is a both/and situation. it doesn't seem like anyone at the Fed is acquiescing
✅
I don't read this at all.
has any other Governor said anything?
Negative.
disappointing. Hope a solidarity statement is coming today
Jerome “Too Late” Powell asleep at the wheel
(one was)
I don't think so, and imho that's Pretty Bad (if they haven't by the end of the day at least). You would think self-preservation would kick in but 🤷♂️
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Powell should not be passive here, needs to defend the institution
I don’t think the board has standing to challenge her firing. They weren’t harmed. She’s the right person to do it.
It’s not about the legal challenge, it’s about the facts on the ground.
What do you want them to do? I don’t understand.
A press release stating that they don't view the attempted firing as legally valid and will continue normal operations with Cook as a member of the board until a court instructs them to do ptherwise
Has she been locked out? I understand the impulse, but if she hasn’t been locked out, prevented from entering the building, that doesn’t really do anything about the facts on the ground.
We don't know b.c. the board of governors hasn't made any statements! That's why we need Powell to communicate!
Yep!
Ensure she has access into her office and treat her as if she’s fully employed there
Correct.
And likely she is working today then... 🤔
Abbe Lowell is legendary. He'll go for the jugular :)