The Fed Was Always a Threat—But a White House Takeover of Interest Rate Policy May Be Just as Dangerous

THE FEDERAL RESERVE WAS NEVER YOUR FRIEND. It inflated asset bubbles, crushed savers with zero rates, and flooded Wall Street with trillions while Main Street got crumbs. For years, Americans watched it quietly pull the strings of the economy—unaccountable, unelected, and opaque. But now, a new threat is emerging. And it might be even worse. President Trump’s unprecedented move to fire Fed Governor Lisa Cook isn’t just a legal skirmish over alleged paperwork. It’s a test case—one that could open the door to a full-scale takeover of monetary policy by the White House. And if that happens, the problem won’t just be inflation. It’ll be monetary manipulation by political hands—a fundamental distortion of the financial system that no Republic should…