“The Federal Reserve System was established by Congress to carry out its statutory mandates-including promoting maximum employment, stable prices, and a well-functioning financial system.”
“Congress, through the Federal Reserve Act, directs that governors serve in long, fixed terms and may be removed by the president only ‘for cause.’ Long tenures and removal protections for governors serve as a vital safeguard, ensuring that monetary policy decisions are based on data, economic analysis, and the long-term interests of the American people. The Federal Reserve will continue to carry out its duties as established by law. Lisa Cook has indicated through her personal attorney that she will promptly challenge this action in court and seek a judicial decision that would confirm her ability to continue to fulfill her responsibilities as a Senate-confirmed member of the Board of Governors of the Federal Reserve System. As always, the Federal Reserve will abide by any court decision,” says the Federal Reserve in a statement responding to convicted felon President Trump attempting to unilaterally fire Lisa Cook over that mortgage fraud circlejerk.
Emphasis added on the part where they politely told fatass to fuck off and they’ll see him in court.