Is the End of the Reserve Near? as Unification of Korea Looms!

On August 25, 2025, President Donald Trump fired Federal Reserve Governor Lisa Cook—the first such presidential ouster in 111 years—citing alleged 2021 mortgage fraud involving dual primary residence claims in Michigan and Georgia for favorable loan terms, as per a criminal referral from Federal Housing Finance Agency Director Bill Pulte to Attorney General Pam Bondi. Cook, Biden's 2022 appointee and the first Black woman on the Fed board, refused to resign, arguing no "cause" exists under the Federal Reserve Act, setting up a potential Supreme Court battle that could erode the central bank's independence and allow Trump to target Chair Jerome Powell, whose term ends in 2026. This comes amid a 5-4 Supreme Court ruling on August 21, 2025, permitting the Trump administration to slash $783 million in blocking future anti-DEI guidance. In foreign policy, Trump's August 25 Oval Office meeting with South Korean President Lee Jae-myung—fresh off a contentious "Zelenskyy moment" fear from staff—focused on Korean unification efforts without a formal North-South peace treaty; Trump expressed desire to meet North Korea's Kim Jong Un, while pushing to end leases for U.S. troops' bases and gain land ownership. Separately, the House Oversight Committee subpoenaed Epstein's estate for a potential "client list," with former U.S. Attorney Alexander Acosta—author of Epstein's 2008 "sweetheart" plea deal—voluntarily testifying on September 19, 2025, amid scrutiny over non-prosecution of co-conspirators and ethics lapses; the probe questions the deal's legitimacy, as Acosta (Trump's ex-Labor Secretary) was not initially subpoenaed despite "poor judgment" findings. These developments signal Trump's aggressive reshaping of institutions, from monetary policy to international alliances and accountability probes, raising fears of eroded independence, economic volatility, and geopolitical shifts.

Is this the beginning of the end of the Federal Reserve? Will Trump be able to fire Lisa Cook? We have to push things to the Supreme Court. Breaking in a 5-4 decision, the Supreme Court allows Trump to cut $783M in DEI research funding.
South Korea’s president met in the Oval Office yesterday. South Korea’s president says staff feared a “Zelenskyy moment” at White House meeting. North Korea said he would meet with Donald Trump as long as the United States recognizes them as a nuclear power. Trump says he wants to meet with presidents from North and South Korea. There is a unification effort. There is not a peace agreement between North and South Korea. Trump said Washington should seek to obtain the leased sites. Trump wants to get rid of the lease and take ownership of the land in South Korea. We have 40K troops in South Korea on leased land.
The committees that investigate things the lawmakers get payment for every committee that you are assigned. It applies to DC and to Atlanta. The more committees there are on, the more interest from lobbyists to support them in monetary ways. Every committee you see right now the lobbyist writes the legislation and hand it to the committees. The committee that has been set up for the Epstein files, it has been convoluted. It is not trustworthy. The ship has sailed in trusting anything the government says in regard to Epstein. House oversight subpoenas Epstein estate, including for any client list. How could the oversight committee be legitimate when everyone is subpoenaed but Alexander Acosta, the one that gave Epstein the sweetheart plea deal in Florida who later became Trump’s Labor Secretary. Acosta is now volunteering to come testify to the committee he has not been subpoenaed.