Attorneys Brian Kabateck and Shant Karnikian break down Trump’s unprecedented firing of Federal Reserve Governor Lisa Cook—the first Fed firing in the central bank’s 111-year history and a direct defiance of Supreme Court precedent. They explain how the Supreme Court explicitly said in May 2025’s Trump v. Wilcox decision that the Fed is a “uniquely structured, quasi-private entity” protected from presidential interference, yet Trump fired Cook anyway based on unproven mortgage fraud allegations. The hosts expose the hypocrisy: Trump, who has an actual civil fraud finding against him, is targeting Cook for alleged pre-appointment mortgage issues that haven’t been proven by any court. They reveal how Trump donor Bill Pulte is manufacturing these bogus fraud claims as part of Trump’s authoritarian power grab to control monetary policy and interest rates, setting up a major Supreme Court showdown over Fed independence.