Trump draws his sword against the Federal Reserve, and Cook counterattacks with the Constitution: 'Try to move me!'

This operation can be called the most magical financial drama of 2025 — the president and the Federal Reserve Board member are online arguing, and the dollars in the hands of the spectators suddenly lose their appeal.

Act One: Trump's 'Dismissal Technique'.

Trump slams the table, pulls out the Federal Reserve Act as if it were a sword, and boldly announces the dismissal of Federal Reserve Board member Cook, directly citing 'financial dishonesty + criminal suspicion'. Goodness, if this charge is substantiated, Cook might directly land the lead role in 'Prison Storm of the Federal Reserve'.

But here comes the problem — the Federal Reserve Board members hold independent positions, and the president can theoretically only 'dismiss for cause', such as misconduct or criminal activity. Is Trump's 'lightning dismissal' legal? Legal experts have already pulled out their stools to start debating, while cryptocurrency veterans quietly added 'Federal Reserve infighting' to their list of market fluctuation keywords.

Act Two: Cook's 'Counterattack Declaration'.

Cook is not a soft persimmon either, directly throwing out 'I refuse to acknowledge it!' and citing Section 10 of the Federal Reserve Act to slap Trump in the face: 'Does the president want to fire me? First, ask if Congress agrees!' (Note: Federal Reserve Board members have a statutory term of 14 years, and dismissal requires congressional approval).

What's even more provocative is that she hints at Trump engaging in 'political persecution', while conveniently labeling herself as 'the savior of the American economy'. Netizens harshly commented: 'This wave is like the 'Zhen Huan's Legend' of the Federal Reserve updated to the 'Blood Test for Parentage' segment.'

Act Three: The Department of Justice's 'spectator seat'.

The climax of the plot lies in the sudden intervention of the Department of Justice — the Director of the Federal Housing Finance Agency (a Trump loyalist) reports Cook for 'forging documents to defraud loans', suspected of criminal activity. If proven, Cook might really have to pack up his office and sing (tears behind bars).

But the old hands in the financial circle see through the trick at a glance: 'Isn't this just 'False Accusation 2.0'?' After all, the position of Federal Reserve Board member concerns the independence of monetary policy. If Trump really can 'replace his own people', wouldn't he have the final say on interest rate hikes and cuts next year? Bitcoin players immediately suffer PTSD: 'Please stop! My K-line is already exciting enough...'

[Qing Yao's Professional Terminology Classroom]

  • Independence of the Federal Reserve: Central banks are not subject to direct government interference to avoid monetary policy being politically hijacked (but Trump stated: I insist on forcing it).

  • Mortgage Fraud: Forging materials to defraud loans is a federal felony in the United States (Cook: I'm not taking the blame!).

  • 'Dismiss for cause': The president must prove significant misconduct for dismissing a Federal Reserve Board member, otherwise it may be unconstitutional (legal battle confirmed).

This grand performance tells us: the drama in the financial circle is even more exciting than the cryptocurrency market's explosions! Want to catch the follow-up? Follow @加密青遥 and let us dissect the hardest financial insider news from the wildest angle! After all — when Qing Yao makes a move, all schemes are exposed! #加密市场回调