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The constitutional crisis President Trump engineered just reached its boiling point. Gary Franchi on RAW FEED exposed the explosive standoff that has Wall Street watching and the banking cartel sweating. Fed Governor Lisa Cook still occupies her office days after Trump fired her for mortgage fraud, while Jerome Powell openly defies a direct presidential order. This isn’t just insubordination – it’s the mask coming off a century-old scam.
Treasury Secretary Scott Bessent torched Cook on live television with surgical precision. She won’t deny the mortgage fraud charges – just keeps insisting Trump can’t remove her. The evidence is clear: two homes claimed as primary residences, double tax breaks, fraudulent mortgage rates. Thousands of Americans face prosecution for this exact crime, but Cook thinks Fed immunity protects her. Bessent’s observation cut deep: the Fed’s relationship with Americans depends on trust, and incidents like this puncture that trust.
The genius of Trump’s move becomes clear when you understand the constitutional trap he’s set. Either the President, as Chief Executive under Article II, has authority to fire federal officials he appointed, or the entire Federal Reserve system stands revealed as unconstitutional. There’s no middle ground, no escape route. The Fed was created by bankers at Jekyll Island in 1913 without constitutional amendment or public approval – just a debt machine imposed on America through legislative trickery.
Markets exposed the expert class lies in real-time. Everyone predicted catastrophe if Trump fired Cook – stock market crash, bond yields soaring, economic chaos. Instead, markets gained steadily after the announcement. James Fishback explained why: markets don’t fear accountability, they fear lawlessness. By holding Cook accountable, Trump reinforced the rule of law that markets depend on. The experts wrong again, the establishment narrative shattered.
Cook’s own words reveal the Fed’s partisan corruption. In 2020, this supposedly nonpartisan Fed Governor called Trump definitely a fascist who would sow divisions taking a long time to mend. Then she committed mortgage fraud. Now she clings to power while her lawyer prepares a federal lawsuit to block her removal. She still has Fed email access, still draws a salary, still influences monetary policy while defying the elected President.
Kevin Hassett laid bare the Fed’s political games. They hiked rates when Trump took office in 2017, let inflation explode to help Democrats, then panicked about tariffs causing inflation – which proved completely wrong. Import prices actually fell during Trump’s tariff policy. Jay Powell finally admitted at Jackson Hole they were wrong, but only after using false inflation fears to justify keeping rates high. This isn’t independence – it’s partisan warfare disguised as monetary policy.
The constitutional path forward is clearer than the establishment wants you to know. The Federal Reserve exists only because Congress passed a law in 1913. Congress can repeal that law tomorrow. The President can’t unilaterally abolish the Fed, but he can expose its illegitimacy, reshape the board through appointments, and work with Congress to restore constitutional money. The Fed isn’t in the Constitution – it’s a statutory creation that exists at Congress’s pleasure.
Your support helps Gary Franchi expose truths the banking cartel desperately wants hidden. The establishment media won’t tell you how Trump just cracked their century-old monopoly. Help Next News continue this vital reporting. Donate at https://www.givesendgo.com/Keep-Next-News-Alive or via PayPal: https://www.paypal.com/donate?campaign_id=BAC78BHT6NPU6. Become a member at https://www.youtube.com/channel/UCLoNQH9RCndfUGOb2f7E1Ew/join for exclusive analysis of this historic showdown.
This is Andrew Jackson’s war on the central bank reborn. Jackson called it a hydra of corruption and killed it. Trump’s channeling that same spirit against modern bankers who think they’re untouchable. Every lawyer, banker, and media mouthpiece faces the same binary choice: admit Trump has constitutional firing power, or admit the Fed itself is unconstitutional. Either path leads to their defeat.
The question facing America: Will we remain debt slaves to unelected bankers, or restore constitutional money controlled by the people’s representatives?
Catch the whole RAW FEED live stream at https://youtu.be/xqYCIEUU62Y