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THE DAILY BLAST with Greg Sargent

Trump’s Corrupt Firing of Lisa Cook Backfires as Brutal New Poll Hits

THE DAILY BLAST with Greg Sargent

The New Republic

News, Politics

4.4800 Ratings

🗓️ 9 September 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

There’s been an amusing turn in the saga involving President Trump’s vile effort to remove Lisa Cook as governor of the Federal Reserve. Trump has relied on his flunkies to cook up allegations of mortgage fraud against Cook—and other foes as well—but now news organizations have blown big holes in the scam. They’ve reported that numerous Trump officials, and even relatives of his top ally in the anti-Cook effort, have done similar things on their mortgages. Meanwhile, a new CBS News poll contains brutal findings for Trump across the board. Crucially, it finds that truly huge majorities oppose Trump’s efforts to interfere with the Fed—yet another way this whole charade is backfiring on him. We talked to New Republic staff writer Matt Ford, who covers legal affairs. He explains why Trump’s use of this tactic is so corrupt, why the stakes in the battle over Cook are larger than they appear, and what might happen when it all lands at the Supreme Court. Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Daily Blast from the New Republic, produced and presented by the DSR Network.

0:16.5

I'm your host, Greg Sargent.

0:31.9

There's been an amusing turn in the saga involving President Trump's efforts to unleash the Justice Department against his enemies.

0:34.9

Trump has been relying on his flunkies to manufacture allegations of mortgage fraud

0:39.5

against his foes, particularly against Federal Reserve Governor Lisa Cook, which then form the basis

0:46.1

for referrals to DOJ. The whole thing's a big scam. Now news organizations have blown big holes in

0:53.6

that effort.

0:55.0

And meanwhile, a new poll shows that large majorities are against Trump interfering with the Fed,

1:01.0

suggesting they don't buy for a second any of the tricks he's using to try to target Lisa Cook.

1:07.0

All this is another example of Trump using authoritarian tactics that threaten to become terrible abuses of power,

1:13.6

yet also show what an utter clown show some of this has truly become.

1:18.6

We're talking about all this with Matt Ford, who writes about legal affairs as staff writer for the New Republic.

1:24.3

Matt, good to have you on.

1:25.9

Thanks for having me. It's good to be here.

1:29.3

So Trump is trying to hijack the Federal Reserve and his underling William Pulte, whose head of the Federal Housing Finance Agency,

1:36.4

went and quote, unquote, found proof that Fed Governor Lisa Cook committed mortgage fraud.

1:42.8

That's based on declaring numerous residents as primary.

1:46.6

She denies it, and the courts will get to the bottom of that.

1:49.1

But here's the bottom line.

1:50.8

Trump's allies and the government are rummaging through the mortgages of his enemies to target them.

1:55.7

Matt, by itself, that's an extremely corrupt act.

1:58.9

Can you talk about that?

...

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