Ex-Fed Leaders Warn Supreme Court Not to Let Trump Fire Lisa Cook

Every living former chair of the Federal Reserve Bank agrees that the Supreme Court should prevent President Donald Trump’s effort to oust Fed Governor Lisa Cook.

An amicus brief filed Thursday argued that removing Cook would “threaten [the] independence and erode public confidence in the Fed,” and stressed the historical importance of the agency’s freedom from political considerations.

“The independence of the Federal Reserve, within the limited authority granted by Congress to achieve the goals Congress itself has set, is a critical feature of our national monetary system,” the brief said.

The brief’s signatories represented decades of expertise on economic policy, and crossed political boundaries. They included former Federal Reserve Chair Alan Greenspan, who is 99 years old, as well as Ben Bernanke and Janet Yellen. The brief was also signed by former Treasury Secretaries Robert Rubin, Larry Summers, Jack Lew, Timothy Geithner, and Hank Paulson, a Republican. Multiple former chairs of the White House Council of Economic Advisers also lent their support, including Greg Mankiw, Christina Romer, Cecilia Rouse, Jared Bernstein, Jason Furman, and Glenn Hubbard, another Republican.

Phil Gramm, a Republican who previously served as chairman of the Senate Banking Committee, signed the brief as well, as did economists Ken Rogoff and John Cochrane.

Last week, Trump’s lawyer went running to the Supreme Court with a request to stay an appeals court decision keeping Cook in place. The appeals court said that Cook was likely to succeed in her statutory claim that she’d been fired without “cause,” as well as her procedural claim that she did not receive her due process prior to her removal. But attorney John Sauer argued that she was not entitled to due process, and that Trump has a sweeping discretion to fire whomever he wanted as long as he claimed it was related to their job.

President Donald Trump blamed “radical left Democrats” for recent violence, and warned that they were asking for trouble from their counterparts on the right.

Speaking to the press in the Oval Office Thursday, Trump was asked who he blamed for an “uptick” in violence. The reporter cited the Wednesday shooting at the Immigration and Customs Enforcement field office in Dallas, where the shooter reportedly left a note saying he hoped to inspire “real terror” in ICE agents.

“The radical left is causing the problem,” Trump replied. “They’re out of control. They’re saying things, and they’re really dumb people.”

Trump pointed to Representative Jasmine Crockett, a firebrand Democrat from Texas, who has pushed for more aggressive criticism of Trump, calling him a “piece of shit.” Earlier this month, Crockett criticized the administration for targeting Democratic cities with large Black populations, and likened ICE raids to modern day “slave patrols.”

Meanwhile, MAGA has always lauded Trump for speaking “authentically,” and ignored his use of violent language.

“It’s gonna get worse, and ultimately it’s going to go back on them. I mean bad things happen when they play these games” Trump warned. “And uh, I’ll give you a little clue. The right is a lot tougher than the left. But the right’s not doing this, they’re not doing it. And they better not get them energized, because it won’t be good for the left.

“And it’ll be a point where other people won’t take it anymore, and that will not be good for the radical left,” Trump added.

Trump’s framing conveniently ignores that the most recent shooting is in itself a response to right-wing violence: specifically, sweeping extrajudicial deportations carried out by masked agents directed by a far-right regime. State violence begets violence, as push comes to shove. And Trump’s own rhetoric has done little to lower the temperature.

Trump has also turned a blind eye toward violence targeting Democrats, including the shooting of two Democratic Minnesota state lawmakers in June, one of whom died. The deaths of state Representative Melissa Hortman, her husband, and their dog received little notice from the administration, and certainly no national holiday.

President Trump joked about rigged elections at the start of his press conference with Turkish President Tayyip Erdoğan, who has amassed power in Turkey for over two decades. 

“It’s a pleasure to be with President Erdoğan of Turkey, and we’ve been friends for a long time, actually, even for four years when I was in exile unfairly, as it turns out, rigged elections, you know,” Trump said on Thursday. “He knows about rigged elections better than anybody, but when I was in exile, we were still friends.” 

This is yet another example of Trump’s affinity for strongman authoritarian leaders with sketchy records on political transparency, human rights, and free speech, from El Salvador’s Nayib Bukele, to Hungary’s Viktor Orbán, to Erdoğan. 

Erdoğan first became prime minister of Turkey in 2003. Since then, he has jailed students, protesters (for things like throwing eggs), and hundreds of journalists. He has briefly blocked access to Wikipedia and nearly every social media platform and has overseen the Turkish Great Depression, all while hanging giant banners of himself throughout the country. (Sound familiar?)  

Most recently, Erdoğan arrested well-known opposition leader and political rival Ekrem Imamoglu on the grounds that he accepted bribes and rigged bids. Given Erdoğan’s history, it’s extremely likely that Imamoglu was arrested because he represents a serious threat to Erdoğan’s reign, even in the face of outright suppression and election rigging. 

Each thing listed here—muzzling journalists, cracking down on protesters, jailing political rivals, hoarding power for decades—is something Trump has already done or professed his desire to do. It’s no wonder he feels such a kinship with Erdoğan. 

Additionally, Trump referring to his losing the 2020 election and inciting a violent insurrection as his “exile” is rich. Let’s hope he doesn’t take any more notes from Erdoğan for 2028. 

The White House is planning to give its “tariff money” to U.S. farmers, though the exact figure could vary by billions of dollars, according to the president.

Speaking beside Turkish President Recep Tayyip Erdoğan at the White House Thursday, Donald Trump claimed that his staffers had discovered an inordinate amount of uncounted cash in the budget for U.S. farmers, though he recklessly mixed up “billions” and “millions” when describing the amount of aid that could be available.

“The other day, it was very interesting, they found $31 billion,” Trump said. “They said, ‘Sir, we’ve found 31.’ I said, ‘You mean positively, right?’ They said, ‘Yeah, $31 million more than we knew.’ And they said, ‘We don’t know where it came from.’”

Trump then claimed he instructed his staff to “check the tariff shelf,” and that staffers later confirmed the money came from Trump’s tariffs.

“So what we’re going to be doing is we’re going to be taking some money from all of the tariff money we’ve taken and we’re going to distribute it to our farmers, until the tariffs kick in to their benefit,” Trump said, promising that American farmers would eventually “be making a fortune” from his plan.

Agriculture Secretary Brooke Rollins said Wednesday that there was “potential” to leverage tariff assets to aid the country’s agricultural industry. In focus were the country’s soybean, corn, wheat, sorghum, and cotton farmers, all of whom Rollins said were facing “difficult times.”

“We should have an announcement very soon, perhaps in the next couple of weeks,” Rollins told reporters.

That plan could be completely upended, however, if the Supreme Court decides that Trump’s tariffs are illegal.

Of course, farmers may have avoided these difficult times altogether if Trump had never instituted his aggressive tariff plan to begin with. Tensions between the Trump administration and Beijing have practically halted trade with China, nixing a crucial market for American farmers. The end result, according to insiders, is a mandatory bailout—which will weigh heavily on the American taxpayer’s dime.

“The pitch being made to the administration is, ‘Look, if you don’t have some kind of ace up your sleeve here, like an imminent deal with China and/or a string of other trade deals that are about to be announced that also happen to lighten the load on soybeans, then there’s going to have to be a bailout,’” an anonymous agriculture industry representative told Politico.

The Trump administration on Thursday announced an agreement with Elon Musk’s company xAI, making his questionable chatbot, Grok, available to every federal agency over the next year and a half for a nominal fee of 42 cents.

“We value xAI for partnering with [the U.S. General Services Administration]—and dedicating engineers—to accelerate the adoption of Grok to transform government operations,” said Josh Gruenbaum, commissioner of the Federal Acquisition Service, which handles government purchasing. Musk, who publicly feuded with President Donald Trump just a few months ago, expressed excitement about working with his administration “to rapidly deploy AI throughout the government for the benefit of the country.”

Grok’s potential integration within federal agencies is certainly a high point for a chatbot that, in its time as a feature on Musk’s social media platform X, has had some notorious low ones.

There was the period when it began producing antisemitic screeds and calling itself “MechaHitler.” Or when it randomly came to share its South African creator’s obsession with alleged “white genocide” in South Africa—so much so that it would bring it up in unrelated inquiries. Or when it made disturbing sexual comments about then-CEO of X Linda Yaccarino, or similarly harassed prominent liberal X user Will Stancil, providing users instructions to break into his house, and reminding them to bring “lockpicks, gloves, flashlight, and lube—just in case.”

Musk, for his part, has made comments raising concerns about his possible tinkering with Grok such that it shares his right-wing beliefs. When Grok told a user that “right-wing political violence has been more frequent and deadly” than left-wing violence since 2016, while providing evidence, Musk called it a “major fail,” accusing the chatbot of “parroting legacy media.”

Days later, he announced Grok 4, the model available to federal agencies under the new xAI-GSA agreement. He promised to train Grok 4 by having the previous version of the chatbot “rewrite the entire corpus of human knowledge, adding missing information and deleting errors. Then retrain on that.” He also asked X users to provide “divisive facts” on which to train the model—“things that are politically incorrect, but nonetheless factually true”—which elicited replies such as “Covid-19 Vaccines did not save a single life” and “Nonbinary isn’t a real thing.”