New York, N.Y. – Senate Democratic Leader Chuck Schumer (D-NY) released the following statement after Donald Trump’s attempt to fire Lisa Cook from her position as a Governor at the Federal Reserve:
“Any attempt to fire Lisa Cook from her position of Governor at the Federal Reserve is just the latest in Donald Trump’s DC partisan games to rig the economy for his billionaire donors at the expense of hardworking Americans. This attempted firing shreds the independence of the Fed and puts every American’s savings and mortgage at risk.
“Donald Trump is playing a dangerous game of Jenga with a key pillar of our economy. This brazen power grab must be stopped by the courts before Trump does permanent damage to national, state, and local economies. And if the economy comes crashing down, if families lose their savings and Main Street pays the price, Donald Trump will own every ounce of the wreckage and devastation families feel.”
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