Donald Trump doesn't have the proof, but that hasn't stopped his full frontal assault on the American financial system.

He has taken a shot at destabilizing America's economy by attacking Lisa Cook, one of the seven members of the Board of Governors of the Independent Central Bank we call the Federal Reserve.

The only way he can remove her, there's been a lot of reporting that she was fired.

At best, he took steps to fire her.

He's alleged that she has done something mortgage fraud, which allows him to remove her.

Well, there's a couple of problems with that.

I'm going to cover here for the Midas Touch

Network and legal A.F and talk about the next steps. But let it be known and make no mistake about it.

Donald Trump is trying to destabilize our American financial system. It is a dark day for our economy.

And Donald Trump is to blame, not Lisa Cook. Now, Lisa Cook is one of

seven members of the Board of Governors. That seven member group, along with five additional

members, form the Federal Open Markets Committee. That group sets interest rates. That's what Donald

Trump wants to get his hands on. And right now he can't

because there's a majority Democratic president appointed on the Federal Reserve Board of Governors.

See, we want to insulate our Board of Governors from political wins. That's why they have these

long and extended terms which overlap presidencies.

We don't just flip out and switch out like we're changing the bed sheets, the Federal Reserve,

when a new president comes in. So four, including Chairman Jay Powell, came from Democratic presidents,

and two came from Donald Trump. There's a third that's going to be

appointed by Donald Trump because a Biden appointee kind of threw in the towel, Ms. Kugler,

and now he's going to have three board of governors against four Democratic presidents. You see the

math? He wants to get rid of Cook, so he'll be in the lead

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