The Headlines Fed Governor Tells Trump ‘I Will Not Resign,’ and Israeli Strikes Kill 5 Journalists
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Aug 26, 2025 The podcast discusses Trump's controversial move to fire a Fed Governor, raising questions about presidential powers. It highlights the tragic military strikes in Gaza, which tragically took the lives of journalists. Immigration issues are also examined, with significant government actions coming to light. Meanwhile, a look at North Korea reveals their efforts to boost tourism through a new luxury beach resort, juxtaposed with the regime's risks. Lastly, Kim Novak, at 92, shares her reflections on fame and life choices as she makes a notable return to the spotlight.
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Unprecedented Fed Firing Risks Legal Fight
- The White House attempted an unprecedented firing of Fed Governor Lisa Cook, citing alleged misconduct without charges.
- Legal experts expect a court fight that could set major limits on presidential power over the Fed.
Fed Independence At Stake
- Lisa Cook consistently voted against lowering interest rates despite presidential pressure.
- Removing her could undermine the Fed's independence and public trust in monetary policy.
Pattern Of Public Retaliation
- The administration's accusations fit a pattern of public retribution against perceived political enemies.
- Officials like Bill Pulte amplified mortgage-fraud claims against multiple Trump targets.