The Last Word with Lawrence O’Donnell

Trump says he’s removing Federal Reserve Gov. Lisa Cook

27 snips
Aug 26, 2025
Trump threatens military intervention in Democratic cities while critics warn of rising authoritarianism. The removal of Federal Reserve Governor Lisa Cook raises alarms about economic integrity amid political interference. Legal battles unfold as a judge blocks deportation efforts. Discussions include the implications of flag burning on constitutional rights and the stagnation of Democratic leadership in tackling redistricting issues. Subpoenas related to Epstein's case highlight the chaotic quest for justice in a partisan environment.
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ADVICE

Governors Must Push Back

  • State leaders should publicly resist deployments and use legal and political pressure to push back.
  • Vigorous gubernatorial pushback provides crucial friction against normalization of military occupation.
INSIGHT

Attack On Fed Independence

  • Trump's claim to remove Fed Governor Lisa Cook via tweet escalates threats to Fed independence.
  • Such actions risk undermining global trust and raising long-term interest rates by politicizing monetary policy.
INSIGHT

Legal Hurdles To Firing Fed Officials

  • The Supreme Court signaled the Fed has for-cause removal protections, so arbitrary removal likely faces legal challenge.
  • Courts will focus on whether removal is for legitimate 'cause' and done in good faith, not as a pretext.
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