On this day in 1963, President John F. Kennedy was shot and killed in Dallas, Texas. Who was the real shooter? Was it LBJ? Or was it someone else? Robert Kennedy was an American politician, lawyer, and author who served as the Vice President of the United States from January 1961 to November 1963.
00:05:03.500Today, on the Federal Board of Governors, there's a 5-4 vote against interest rate cuts for the American people.
00:05:12.980The criteria that the Federal Reserve is supposed to use determining whether or not we cut interest rates
00:05:20.120are the inflation rate and the unemployment rate.
00:05:23.220But the truth is, both of them are either at the same level or lower than the place they were the last four times the Federal Reserve cut rates.
00:05:34.300Suddenly, now, because Bill Pulte is enforcing the law, those on the hard left are going out of their minds.
00:05:43.560Let's listen to Senator Elizabeth Warren.
00:05:46.000Here's this guy, Bill Pulte, who has access to everybody's mortgage records because he's the head of the agency that was designed in the aftermath of the 2008 crash
00:06:00.920to make sure that we don't have widespread mortgage fraud.
00:06:05.040Remember when the banks and the mortgage brokers were out there selling those liar's loans and other loans?
00:06:11.980That's supposed to be the overall job of this agency.
00:06:15.180And here's someone who has taken access to this individual-level data and it would appear is running it against Donald Trump's enemies list
00:07:35.460Mr. Speaker, I rise today in strong support of the bedrock, one of the bedrock principles of our economy,
00:07:42.100the independence of the Federal Reserve Board.
00:07:45.720For more than a century, the Federal Reserve has served as a cornerstone of the economic system of our country,
00:07:51.580taxed with safeguarding price stability, maximizing employment, preserving the health of our country,
00:07:58.060independent from political pressure, insulated from partisanship, and rooted in data and principle.
00:08:03.840Any of us who had economics in college or beyond knows that independence of the Fed is essential to the respect that our country commands in terms of our own economy throughout the world.
00:08:16.700The chairman of the Fed is the chair of the central banks, serves as a chair of the central banks globally.
00:08:30.600Well, because he cut interest rates when the inflation rate and the unemployment rate were higher than they are today,
00:08:38.500first to try to assist in the election of Joe Biden, and then after the party dumped him, to try to assist in the election of Kamala Harris.
00:08:47.200So if there's anybody engaging in politics, that would be Chairman Powell.
00:08:51.100Frankly, I think former Speaker Pelosi needs to have another drink because the law is abundantly clear.
00:08:58.320The President of the United States has the authority to fire members of the Board of Governors of the Federal Reserve for cause.
00:09:07.040Cause is most definitely insurance fraud and mortgage fraud, both of which Lisa Cook has engaged in.
00:09:15.500Now, Cook is currently being investigated by the Department of Justice for allegedly falsifying bank statements and property records to get better loan terms.
00:09:26.840According to Director Pulte, as I say, Cook listed two properties, one in Georgia and one in Ann Arbor, Michigan, both as her principal legal residence.
00:09:36.660This is very similar to the exact same fraud allegedly perpetrated by Senator Adam Schiff, as well as New York Attorney General Letitia James.
00:09:54.300Well, anybody can go online and see that he said that his condominium in Burbank, California, was his primary legal residence.
00:10:03.100He got a state tax break and he qualified for a lower mortgage rate and a lower insurance rate.
00:10:09.680At the same time, he said his home in suburban Potomac, Maryland, was his principal legal residence.
00:10:16.900And once again, he got a tax break and a superior and lower mortgage rate and interest rate.
00:10:24.080This is what is known as mortgage fraud.
00:10:26.620If there's anything that was made up, well, that would be the Russian collusion hoax.
00:10:31.600And he was one of the principal fraudsters in that controversy.
00:10:37.320It's amazing how the Democrats see weaponization when they saw no such weaponization,
00:10:44.300when they made up an entirely false narrative regarding Russian interference in our 2016 election to aid in the president's election in that year.
00:10:54.760They basically conducted the greatest single dirty trick, the greatest single abuse of power in American political or governmental history.