Trump’s Fed Reserve firing: Letters – Latest News
The Issue: Donald Trump’s firing of Federal Reserve Governor Lisa Cook over mortgage fraud allegations.
Federal Reserve Governor Lisa Cook claimed that itemizing two properties as her main residence, leading to a higher rate of interest, was a “clerical error” (“ ‘Ousted’ Fed big sues Don,” Aug. 29).
Sounds like my second-grade excuse of the canine eating my homework.
Lou Aiani
Staten Island
Federal Reserve Governor Lisa Cook “should be sending out her resume,” in response to Rich Lowry (“The Joke’s on the Fed,” PostOpinion, Sept. 1).
Not so fast — Lowry is ignoring the truth that President Trump is utilizing Cook strictly as one of his political pawns so as to fulfill his dream of taking full control of the Federal Reserve Board.
If Trump have been to get his approach, it will set a harmful precedent for the long run and would place the independence of the Federal Reserve in jeopardy, subject to the whims of Trump’s successors.
As the outdated saying goes, depart effectively enough alone, and if it ain’t broke, don’t repair it.
J.J. Crovatto
Ramsey, NJ
Everyone who has ever signed an employment contract understands that “cause” for termination could be very broad and that it by no means requires “conviction” of a crime, as Lisa Cook contends.
It will be something that harms the fame of the establishment.
For a CEO or finance govt, being credibly accused of financial fraud would instantly end in an inner board investigation, doubtless with an outdoors law firm’s oversight..
The larger difficulty is: Where are Chairman Jerome Powell and the remainder of the Board of Governors?
Why haven’t they launched a full investigation with oversight by an outdoors impartial particular counsel or law firm?
It appears Powell is dug in like Cook, working to withstand accountability in any respect prices.
R. Steele
Plano, Texas
This is Trump’s newest effort to rule the American people with an iron fist by asserting energy that he doesn’t have.
He’s making an attempt to fire a black girl Federal Reserve Board governor whom he hates, partially as a result of she has not endorsed his reckless insistence that rates of interest be diminished by large quantities, an motion which might make certain to set off extreme inflation.
The conceited and corrupt president should not be permitted to get away with this.
Oren Spiegler
Peters Township, Pa.
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The Issue: A Teacher Qualification Test that checks potential Oklahoma educators on American civics.
My spouse and I are usually not lecturers (“Oklahoma teachers are put to this test,” Marissa Streit & Ryan Walters, Sept. 1).
My spouse is a retired nurse, and I’m retired IT skilled.
We every took the Teacher Qualification Test proposed in Oklahoma and aced it, and obtained all 34 questions right.
If somebody making use of to be a trainer of kids can’t go this fundamental civics take a look at, they don’t should be within the classroom.
Teachers need to show our youngsters, not brainwash them with political activism.
John Killeen
Congers
I simply accomplished the Oklahoma lecturers examination.
If you may’t ace this easy civics quiz, possibly you need to go back to highschool and never attempt to instruct others.
I make a movement for a thirty fifth query, with the reply discovered within the physique of the article, particularly: What do households need?
Families need lecturers who train, not activists.
Bill Quigley
Clark, NJ
Oklahoma trainer candidates: If you can not reply and settle for this fundamental take a look at of human qualities and American values, attempt beginning your own college and see how many dad and mom need you to contaminate their kids together with your misguided understanding of info.
Miles Kuttler
Aventura, Fla.
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