The Fed was designed to operate insulated from political pressure so that it can make tough decisions based on data and the long-term health of the economy, not the whims of any one president. This outrageous and unprecedented attempt to fire a member of the independent Federal Reserve on the flimsiest of unproven pretexts is clearly the latest scheme from a president determined to subvert the institutions that have kept our democracy strong and our economy the envy of the world.
— Sen. Mark R. Warner (D-VA), a member of the Senate Finance and Banking committees and Harvard Law School grad, sounds off on the awful justification President Donald Trump made in his attempt to fire Fed. Governor Lisa Cook.