President Trump’s power over the Federal Reserve will be front and center at the Supreme Court next week.
The justices on Wednesday will hear arguments on whether Trump can fire Fed Governor Lisa Cook over accusations of mortgage fraud.
Looming over it all is the Justice Department’s criminal investigation into Jerome Powell, the Fed’s chair, which came into public view last weekend.
In his second term, Trump has looked to reshape independent agencies that have long enjoyed protections that prevent the president from firing those who lead them on a whim.
Trump argues it infringes on his constitutional authority to oversee the executive branch, part of an expansive view of presidential power known as the unitary executive theory.
“Once Trump controls a majority of the Fed, he can use the Fed’s vast powers to enrich himself personally – to reward his billionaire friends and to punish his enemies,” Sen. Elizabeth Warren (D-Mass.), a critic of Powell’s who has defended him against Trump’s firing threats, told reporters. “That has been his strategy across the government.”
The Federal Reserve Act of 1913 prevents the president from firing the central bank’s governors except “for cause.” The law does not, however, explicitly define what “cause” means.
Hey now, they also have to get rich while doing it, and at the real heart of the decision over siding with Trump on the federal reserve, is the fact that the old faction of wealthy pedophiles who control this country, will be making a big change and potentially accepting a pretty significant risk for the way business is conducted in the U.S.
This is literally the only reason supreme court justice oligarchs might not automatically side with Trump on this.
Trump is on board. Thiel is on board. The real question is will the old, old, old, Mayflower blue blood pedophiles be dumb or bold enough to give the approval to move the entire U.S. economy to crypto, just because two of the dumbest and most insane conmen from the newer faction of wealthy pedophiles, (who also, coincidentally happen to be foreign assets), are trying to convince them it’s a great idea that will be too big to fail?
Not sure if there will be something that is actually proposed back the crypto based economy, but when you think about why gold was ever given such an arbitrarily high value in the first place, why not just replace it with some other natural resource or resources that are currently being snatched up by some of the world’s most evil oligarch’s?
(Like, if you were looking to get rid of the old guard who made their fortune in oil money wars and already hold most of the gold, maybe you’d hit the jackpot by buying a uranium mine and starting your own cryptobank just in time for an energy crisis to emerge because you and your friends are “saving the world” with AI data centers…)
The economy remains fucked for the plebs regardless of how this goes, but if they do agree to finally just let Trump gut the federal reserve, they will also definitely snatch up all the crypto they can get their hands on in hopes of continuing to control and influence the majority of the U.S. economy. At that point, there does seem to be a risk one of the many other countries that used to be our enemies, but are apparently now our frenz, could come along and fuck over even the oldest money American blue bloods in the biggest modern day crypto scam in history (so far).
If that happens, then it means we’re all fucked over, including any of the blue bloods/old money crew who weren’t really as in on the long con as they believed they were.
If the old faction is out of the way, Peter Thiel (and/or whoever else from the old faction has probably been backing him for quite some time, but is smart enough not to advertise it) will likely be prepared/be protected/rewarded for getting the job done. Thiel then becomes one step closer to finally holding the majority of the cards (at least publicly) within the new authoritarian surveillance monarchy he’s always dreamed of ruling.
However, that is just one possibility. It seems that the world’s richest scumbags realized a long time ago that crypto does legitimately offer them a way to continue to conduct their illegal businesses without a paper trail (hence whatever is in those Epstein/Thiel bank transaction records JP Morgan won’t release). So there is also a chance it’s not a scam/risk of toppling the old money authoritarian pedophiles to replace them with new ones, and that the U.S. and eventually the rest of the world becomes a crypto backed economy while everything continues as normal for the Mayflower crew and their new money friends in Club Ped.
Either way, as usual, we all get fucked over regardless of how any of this plays out for them. And, as usual, we don’t really have much of a say in what happens.
However, considering everything is absolute shit right now, we also don’t have much keeping us blissfully distracted (other than the threat of civil war and the tease of justice for the publicly outed members of Club Ped, which will probably never actually materialize), so why not make sure they know that the angry mob with pitchforks actually knows what they’re fucking doing, even if we can’t stop them from doing it?
Last week:Trump family’s crypto firm seeks bank charter
Oct 2025: JPMorgan Chase to Unlock Billions: Crypto Collateral for Loans Signals New Era
Oct 2025: JPMorgan to Let Clients Use Bitcoin and Ethereum (Peter Thiel’s cryptobank) as Collateral for Loans
March 2025: Rep. Massie Introduces Federal Reserve Board Abolition Act to “End the Fed”