Trump Removes Fed's Cook From Position, Effective Immediately | Crypto Craft

  • Trump Removes Fed's Cook From Position, Effective Immediately

Added at 7:07pm

Added at 7:25pm
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DuranDuran
Aug 25, 2025 7:09pm
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Good. No place for fraud amongst fed officials
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Subdude
Aug 25, 2025 8:15pm
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This is rich, alleging financial fraud before any conclusions from the investigation - coming from the guy whose financial fraud conviction in NY was just upheld and going to the appelate court shortly.

I'M NOT THE "CROOK", YOU ALL ARE. MAGA!!!
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thesaint9
Aug 25, 2025 11:22pm
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Quoting DuranDuran
Good. No place for fraud amongst fed officials
This is the US, where allegations require proof and a judgment. You do not care for any of these things?
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Dutchy Daxy
Aug 25, 2025 7:19pm
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What a freaking moron.


President Donald Trump said the Department of Justice will sue California over Gov. Gavin Newsom’s efforts to draw a new congressional map.

Newsom, a Democrat and 2028 presidential contender, promptly responded on social media: “BRING IT.”

Trump has praised a similar effort by Texas Republican legislators to codify a new map that would give the GOP an even greater advantage in key House seats in the 2026 midterm elections.

He was busy again.
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Bakker
Aug 25, 2025 11:03pm — Edited
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[quote=Trader#BC27;15364999]Any views on EURUSD ?[/quote

Dollar is raising its head, Eur came back down strongly yesterday. The weekly chart shows downward.
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Luxyus
Aug 25, 2025 8:04pm
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Quoting manahil
It's better for people to do something else while Trump is around. It's hard to make money in this market now. I'm leaving this market.
burgerking is hiring man, try there

LOL
AJR
Aug 26, 2025 2:34am
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Quoting thesaint9
{quote} This is the US, where allegations require proof and a judgment. You do not care for any of these things?
They don't... Until it hits them!
This is history repeating... One hundred years later!
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Trader#B783
Aug 25, 2025 7:20pm
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if this isnt market manipulation i dont know what is. Everytime the dollar recovers trump shuts it down - he wants a weak dollar for higher equities and to aid his trade war... keep selling usd on every bounce, thank me later
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Fxballs
Aug 25, 2025 7:21pm
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Closer and closer to a dictatorship
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30ATradez
Aug 25, 2025 7:23pm
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Quoting Fxballs
Closer and closer to a dictatorship
You're a dumbass
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javad58
Aug 25, 2025 7:12pm
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Deliberate market manipulation to benefit the pockets of His Highness and his family
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Schultz
Aug 26, 2025 6:11am — Edited
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It's called Executive power, people. England went through some issues with it in around the 17th or 18th century which is why Kings and Queens generally are very reluctant to make big decisions. They have only what is known as "reserve powers".

Occasionally they do. The British Queens representative, the Governor General of Australia, sacked the entire federal government in Australia on 11 Nov 1975, and called in the Opposition party as a caretaker government.

The sacked Prime Minister, Gough Whitlam QC, said "May well God save the Queen. For nothing will save the Governor General".


Edit - and now I see that Cook isn't sacked, just "removed" or something. I dunno.
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Schultz
Aug 26, 2025 6:19am
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For those interested further in this little history lesson about possible abuse (still not settled) of Executive power, this is a link to the original typed document.

https://whitlamdismissal.com/1975/11...ismissal.html/
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Schultz
Aug 26, 2025 6:56am
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Quoting thesaint9
{quote} This is the US, where allegations require proof and a judgment. You do not care for any of these things?
Hmm. Dunno. Anyone can make allegations, however frivolous and absent of truth. Happens often, anywhere.

It is then for the appropriate matter to be investigated in whatever manner, and then a finding to be made. I'm being deliberately general, but the principle always being sought is called "due process".
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Trader#D44E
Aug 25, 2025 7:12pm
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Cook is a crook. So is James and schiffty.
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Sager2456
Aug 25, 2025 7:18pm
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manipulation
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Trader#E869
Aug 25, 2025 7:24pm
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The best president ever !!!!! I will work for him for free.....
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anthon25
Aug 25, 2025 7:56pm
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I Like you Mr.President........... Americaaan... Vote for Trumph agaiiiin, as long as he lives!!!! Market always volatile when Trump being President !!!
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Zebi
Aug 25, 2025 7:58pm
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theres a 3rd certain thing in life besides death and taxes and thats that trump will do stupid shit LOL
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Ahmedskaf
Aug 25, 2025 7:46pm
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Whenever the dollar rises, Trump shakes up the markets. The dollar weakens. Trump is like a naughty child.
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future911
Aug 25, 2025 7:09pm
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Jackson hole continuation about time
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chiche
Aug 25, 2025 7:34pm
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Brpoo worsst president ever! You vote it you have it.
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AJR
Aug 26, 2025 2:29am
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[
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b_hand
Aug 25, 2025 7:26pm
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Only 1 pips again gold hit my tp. Fuck you
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30ATradez
Aug 25, 2025 7:25pm
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Quoting Trader#7246
This guy is a f***king moron
Sounds like you lost money
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zamans98
Aug 25, 2025 7:20pm
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Manipulation
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Trader#BCC5
Aug 25, 2025 7:09pm
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Wtf
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Trader#DFC4
Aug 25, 2025 7:09pm
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Lfg?
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Trader#8B80
Aug 25, 2025 7:19pm
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Trump dick
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Trader#A08A
Aug 25, 2025 8:26pm
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The dude is a Dictator and the USA folk are too stupid to see what is transforming.. Anything Anti Trump WILL BE DELBT WTH....
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Trader#813F
Aug 25, 2025 9:52pm
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Powell should protect Lisa Cook from firing by president Trump, by blocking this unlawful interference in the FED and it's work.
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ZforexCM
Aug 26, 2025 2:33am
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US Markets Slip at Open Despite Powell’s Dovish Hints
US markets started the week lower even after Powell signaled a possible September rate cut last Friday. Sentiment took a hit as Trump dismissed Fed Governor Lisa Cook over alleged mortgage misstatements, fueling worries about central bank independence.

On the data front, July new home sales fell 0.6% to 652K, though the figure topped forecasts. Trump also renewed trade tensions, warning of extra tariffs on nations keeping digital services taxes.

Trump-Fed Clash Escalates Over Rate Cuts and Authority
Trump ramped up his pressure on the Federal Reserve, calling for rate cuts and tighter control. On Monday, he announced the dismissal of Fed Governor Lisa Cook.

Cook swiftly rejected the claim, asserting Trump has no authority to remove her and declaring: “I will not resign. I will continue to serve the US economy as I have since 2022.”

Euro Nears Four-Year High as ECB Pauses
EUR/USD hovered near 1.1630 in Asia on Tuesday after a 0.75% advance in the prior session. The dollar stayed weak amid political and policy uncertainty. Pressure on the Fed’s independence grew after President Trump announced via social media that he was dismissing Fed Governor Lisa Cook. Cook rejected the claim, saying there was no legal basis and that she would continue her duties.

Trade tensions also resurfaced as Trump threatened a 200% tariff on Chinese goods if magnet supplies are withheld, while warning of further restrictions on technology and semiconductors in response to digital services taxes. These developments kept the USD under pressure, helping the euro sustain support.

EURUSD Resistance is at 1.1740, with key support at 1.1575.
Attached Image (click to enlarge)
Click to Enlarge Name: euro-nears-four-year-high-as-ecb-pauses-4236.png Size: 54 KB
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Trader#D44E
Aug 25, 2025 7:06pm
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Yay !!!
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Rex112
Aug 25, 2025 7:07pm
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are we deadahh
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Trader#7F93
Aug 25, 2025 7:08pm
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There goes the independent . Slippery slope ahead
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FFFlorian
Aug 25, 2025 7:09pm
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Markets are cooked...
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ericsagi
Aug 25, 2025 7:17pm
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i hope trades have be done only when TRUMP sleeps
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ronfran.ald
Aug 25, 2025 7:17pm
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I was happy with my short in NZD almost hit my tp LoL
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Ruky90
Aug 25, 2025 7:17pm
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does he ever sleeps?
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Meoldy129
Aug 25, 2025 7:20pm
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Oh ..There must be some underlying reason.
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Kebsonic
Aug 25, 2025 7:21pm
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Trump reshuffling the Fed soon
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feralnature
Aug 25, 2025 7:22pm
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bro is cooking.
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manahil
Aug 25, 2025 7:25pm
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It's better for people to do something else while Trump is around. It's hard to make money in this market now. I'm leaving this market.
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Clovisfx
Aug 25, 2025 7:26pm
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Brr
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TahaFaisal
Aug 25, 2025 7:29pm
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Why trump why
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Cur
Aug 25, 2025 7:31pm
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TRUMP NA MY LAST MONEY NAH
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WisanTrades
Aug 25, 2025 7:32pm
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Dear leader doing his dear leader things, does not abide by any rules, never rests.
Good for me that I exited my sell position on gold.
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Bolamogul
Aug 25, 2025 7:34pm
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Powerful man
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Aakif.deb
Aug 25, 2025 7:35pm
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Couldn't catch the move. Wrong timing Trumpooo
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rocktrader86
Aug 25, 2025 7:38pm
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They should swing, it's calmer and they're not blaming anyone, the outlook is clearer and the chance of holding a position
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Lucas76
Aug 25, 2025 7:40pm
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Quoting Trader#4278
Dam it i had sell full margin from 60
You did this to yourself bro... Should have used Stop-Loss
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Lucas76
Aug 25, 2025 7:41pm
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Quoting Cur
TRUMP NA MY LAST MONEY NAH
Eeyah... brotherly..na ur pidgin catch my attention...

How much u lose?
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LjazAhmad
Aug 25, 2025 8:19pm
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Why is he not going to sleep
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240z
Aug 25, 2025 8:35pm
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Watch for US Credit downgrade
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Trader#813F
Aug 25, 2025 9:41pm
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Look who is talking and take the measure of others. Trump is a multi convicted criminal with no integrity, so he should look in the mirror first, before accusing other officals about something unlawful. Besides of that, since when is the POTUS prosecutolr, judge and executioner without a proper legal process. This way the USA is becoming a pariah state without independent institutions and where democracy is long gone.
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soomroa
Aug 26, 2025 1:19am
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Does it make any difference?
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Trader#F2C0
Aug 26, 2025 6:19am
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Quoting Dutchy Daxy
What a freaking moron. President Donald Trump said the Department of Justice will sue California over Gov. Gavin Newsom’s efforts to draw a new congressional map. Newsom, a Democrat and 2028 presidential contender, promptly responded on social media: “BRING IT.” Trump has praised a similar effort by Texas Republican legislators to codify a new map that would give the GOP an even greater advantage in key House seats in the 2026 midterm elections. He was busy again.
This is because the democrat states already stretched to the maximum the electoral map. did you notice how many blue states have 0 (zero) republican reps, even though the republicans have over 35% from votes?

PS there is also some good news for you: there are only 3.5 years left from T. mandate
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SurrezTee
Aug 26, 2025 7:04am
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The saga is long. Trump ain't take shit
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Trader#952F
Aug 25, 2025 7:06pm
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Yall dont care about this news?? Lol
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Trader#A6AB
Aug 25, 2025 7:07pm
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Motherfucker audusd im short
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Trader#2095
Aug 25, 2025 7:08pm
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Is it Powell
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Trader#6CBC
Aug 25, 2025 7:09pm
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gold will fly
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Trader#7303
Aug 25, 2025 7:10pm
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asia sesh btw
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Trader#5E0E
Aug 25, 2025 7:12pm
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By Cook by hook
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Trader#A033
Aug 25, 2025 7:12pm
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I guess i will have to quit traiding ... how long dose the Trump got left ?
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Trader#6AA1
Aug 25, 2025 7:13pm
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Have to keep the dollar down somehow…
One percent rates coming soon as equities go ten percent higher.
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Trader#838D
Aug 25, 2025 7:13pm
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bro I got stopped out
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Trader#D99D
Aug 25, 2025 7:16pm
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Trump's son
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Trader#02F7
Aug 25, 2025 7:16pm
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What does a cook have to do with the financial market
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Trader#2BDE
Aug 25, 2025 7:16pm
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four
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Trader#68F9
Aug 25, 2025 7:17pm
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Wtf
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Trader#F139
Aug 25, 2025 7:17pm
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Now fire Powell and tank the dollar :-)
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Trader#5D07
Aug 25, 2025 7:17pm
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Usd jpy and GBP USD big crash candel just five min ago
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Trader#F0A7
Aug 25, 2025 7:18pm
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Gg trup fack you
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Trader#37D5
Aug 25, 2025 7:18pm
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what just happened
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Trader#390F
Aug 25, 2025 7:18pm
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damn
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Trader#4BB9
Aug 25, 2025 7:20pm
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pro gambler
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Trader#349F
Aug 25, 2025 7:20pm
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Why is he like this. Things were peaceful
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Trader#5183
Aug 25, 2025 7:20pm
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Xauusd short or long
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Trader#6BDB
Aug 25, 2025 7:20pm
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lol
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Trader#9A22
Aug 25, 2025 7:21pm
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trump bhen chod only bustard
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Trader#62D4
Aug 25, 2025 7:22pm
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Gold is going to sky
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Trader#66AC
Aug 25, 2025 7:22pm
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Who noticed the moves and changes in market just now
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Trader#8D93
Aug 25, 2025 7:22pm
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Thank you Donald , saved my position , I was ready for stop loss to be triggered , got my TP hit instead.
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Trader#1B7C
Aug 25, 2025 7:22pm
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Buy or sell
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Trader#7246
Aug 25, 2025 7:23pm
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This guy is a f***king moron
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Trader#40E3
Aug 25, 2025 7:23pm
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Not fair
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Trader#295E
Aug 25, 2025 7:23pm
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Instant impact on the market
Reply
Trader#BC27
Aug 25, 2025 7:25pm
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Any views on EURUSD ?
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Trader#DD10
Aug 25, 2025 7:25pm
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fuck man in sell gold
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Trader#29F3
Aug 25, 2025 7:26pm
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These politicians all do insider trading. Should be taken ti court they're all corrupt POS'S
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Trader#FFAD
Aug 25, 2025 7:26pm
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Nice gold fly
Reply
Trader#FFAD
Aug 25, 2025 7:26pm
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Why you stupid sell gold
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Trader#1E04
Aug 25, 2025 7:26pm
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100%
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Trader#E3B4
Aug 25, 2025 7:27pm
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Yeah all my accounts gone because of this mf
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Trader#E2BC
Aug 25, 2025 7:27pm
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Gauusd
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Trader#1B07
Aug 25, 2025 7:27pm
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Fuck this guy
Reply
Trader#F6AA
Aug 25, 2025 7:28pm
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Fckkk
Reply
Trader#958B
Aug 25, 2025 7:28pm
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I don’t know if I will say I got lucky lol
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Trader#C317
Aug 25, 2025 7:29pm
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this man just saved my trade lmao 2000 pips for the win
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Trader#7352
Aug 25, 2025 7:30pm
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Trump mother fucker mdrchod
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Trader#4278
Aug 25, 2025 7:30pm
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Dam it i had sell full margin from 60
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Trader#4F22
Aug 25, 2025 7:31pm
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Trader#F2D2
Aug 25, 2025 7:32pm
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why didn't this news pop up on the calendar ?
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Trader#CD19
Aug 25, 2025 7:32pm
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Hello
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Trader#EBE1
Aug 25, 2025 7:32pm
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I hate u trump
Reply
Trader#8834
Aug 25, 2025 7:33pm
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I made money from XAUUSD, EURUSD , GBPUSD and AUDUSD. Trump keep up the good work
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Trader#872E
Aug 25, 2025 7:33pm
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Gold Awww my Zone @3352 Buy Limit Activated & Hit TP Sleeping Mode 250 Pips Done
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Trader#65A8
Aug 25, 2025 7:34pm
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bro
Reply
Trader#8FAC
Aug 25, 2025 7:35pm
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Ju
Reply
Trader#630B
Aug 25, 2025 7:35pm
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Lol
Reply
Trader#B885
Aug 25, 2025 7:35pm
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WTF
Reply
Trader#8FAC
Aug 25, 2025 7:35pm
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OmG
Reply
Trader#0B21
Aug 25, 2025 7:35pm
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Fuck you trump 11 million cut lose
Reply
Trader#ACE2
Aug 25, 2025 7:36pm
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Guh doing big announcement during evening night, usual Trump move
Reply
Trader#F31E
Aug 25, 2025 7:40pm
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Buy gold
Reply
Trader#04BE
Aug 25, 2025 7:42pm
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Bro
Reply
Trader#29F3
Aug 25, 2025 7:45pm
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Umpa lumpa looking Pos screwing the whole world over
Reply
Trader#3D24
Aug 25, 2025 7:46pm
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I was long in gold nice profit
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Trader#6299
Aug 25, 2025 8:07pm
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Interesting, equities don’t care about this at all. Even the things that moved, only moved a little.
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Trader#209A
Aug 25, 2025 8:19pm
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My last trade that could've given me profit you spoiled it trump
You
Made me cry
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Trader#0761
Aug 25, 2025 8:27pm
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Alhumdolillah made some nice pips on this news
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Trader#5105
Aug 25, 2025 9:16pm
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USD/JPY straight down the dome
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Trader#3C7D
Aug 25, 2025 9:20pm
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Quoting 240z
Watch for US Credit downgrade
Funny
Reply
Trader#5E3A
Aug 25, 2025 10:47pm
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XAU, Long tp 3400
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Trader#1C38
Aug 25, 2025 11:07pm
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He doesn’t have authority to do such lol
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Trader#0EC0
Aug 26, 2025 12:09am
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LONG WAY
Reply
Trader#CB31
Aug 26, 2025 1:53am
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Quoting Trader#6CBC
gold will fly
& it did
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Trader#768B
Aug 26, 2025 2:43am
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Scam this market only scam motherfucker trump
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Trader#A306
Aug 26, 2025 2:59am
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Gov Cook is the quean of traders hearts!
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Trader#3B8B
Aug 26, 2025 5:41am
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desperation has face of Donald Trump..
Reply
Trader#104F
Aug 25, 2025 7:14pm
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Trump should leave his position for peace
Reply
robertcd
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