The Megyn Kelly Show Fed Official Sues Over Firing, New Details on Bolton Probe, Newsom's Bizarre Rant: AM Update 8/29
16 snips
Aug 29, 2025 A Federal Reserve governor is suing the Trump administration over her firing, citing policy clashes. Tensions rise as CDC head Monarez is fired after resisting resignation, causing a wave of departures. New revelations about John Bolton's FBI probe stir controversy regarding political motivations under Biden. Meanwhile, Governor Gavin Newsom’s legal maneuvers against Trump’s National Guard deployment raise eyebrows, particularly as he expands anti-crime operations in California. The complexities of power dynamics and accountability are on full display.
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Firing Framed As Policy Clash
- Lisa Cook framed her firing as unlawful and tied it to policy disputes over interest rates rather than the mortgage allegations.
- Her lawyers argue the mortgage claim was clerical and the real clash was over Fed independence and rate decisions.
Removal Raises Independence Question
- The administration claims removal for cause improves accountability while critics warn it threatens independent agency autonomy.
- Legal precedent is mixed, and the Fed's unique structure could complicate a Supreme Court challenge.
Multiple Property Allegations Detailed
- Bill Pulte sent a second criminal referral alleging Cook mischaracterized multiple properties to secure better mortgage terms.
- Investigators cite three properties with differing residency or investment claims that could constitute fraud if true.
