USA Fed Under Attack - Joe Blogs

The Federal Reserve has been thrust into the spotlight again—this time with allegations against Fed Governor Lisa Cook. FHFA Director Bill Pulte has referred the case to the Department of Justice, claiming Cook made false statements on mortgage applications. President Trump has since attempted to remove her, citing these allegations. In this video, I break down:

Who is Lisa Cook, and why is she under investigation?
The role of the Federal Housing Finance Agency (FHFA) and the DOJ in this case
How this could impact the Federal Reserve’s credibility
What this means for monetary policy and markets

Is the Federal Reserve facing its biggest political challenge yet? Let’s dive in.

Chapters:
0:00 Intro
0:11 JEROME POWELL
1:07 LISA COOK
1:40 INVESTIGATION
4:29 DONALD TRUMP
6:50 FED VOTING
8:18 INDEPENDENCE
13:28 SUMMARY & CONCLUSION