The DOJ Just Declared War on the Federal Reserve

Washington wants control of the money printer before the next crisis hits — and Lisa Cook’s seat is the price of admission.

Good Morning,

The Justice Department just told Jerome Powell who’s allowed on the Fed board — and it wasn’t a legal opinion, it was a threat. This is what deep state power plays look like in the open. While the public’s distracted, the regime is moving to seize control of monetary policy before the next economic storm hits. And make no mistake: this isn’t about misconduct. It’s about replacing Cook with someone loyal before it’s too late.

If this kind of raw financial control freaks you out — forward this briefing.

Hit reply and tell us: Should any administration be able to purge Fed governors?

Download the full report — and keep the receipts they hoped you’d forget.

The DOJ Wants Lisa Cook Gone—Before the Economy Blows

And they don’t care how “independent” the Fed is supposed to be.

The DOJ wants a Fed governor gone. Not for corruption. Not for incompetence. For the oldest Washington reason: someone more powerful wants her seat.

Bloomberg confirmed Thursday that the DOJ has launched an investigation into Federal Reserve Governor Lisa Cook — and demanded her removal. The letter, sent directly to Fed Chair Jerome Powell by Justice official Ed Martin, said Cook’s case “requires further examination” and that Powell should act “before it is too late.”

That’s not an oversight probe. That’s a shake-up order.

Cook, who was appointed by Biden in 2022 and remained on the board through Trump’s 2024 victory, immediately rejected the demand. “I have no intention of being bullied to step down,” she said Wednesday through a Fed statement, citing the investigation as political retaliation. Trump has publicly criticized Cook over her financial disclosures — specifically mortgages in Michigan and Georgia — as part of his broader push to clean house at the Fed.

But here’s the real story: the Fed isn’t independent. It never was.

The idea that monetary policy is shaped by neutral experts is a fairy tale. In reality, the Fed board is just another battleground for political power — and right now, with inflation still sticky, markets jittery, and global realignment accelerating, the stakes are enormous. Removing Cook would give Trump one more opening to tilt policy before the next rate decision or economic downturn. And the DOJ is doing the dirty work.

Ed Martin — the same bulldog who led high-profile probes into Adam Schiff and Letitia James — framed the request as concern over public trust. But don’t kid yourself: this is about control. Control over interest rates. Control over liquidity. Control over whether America gets a soft landing or a brick wall.

The Federal Reserve Act doesn’t even give Powell authority to remove Cook. So why send the letter? Because the point wasn’t legality. It was pressure.

The Wall Street media is already calling this “a test of central bank independence.” But we’re way past tests. This is a hostile takeover of economic policy, led by the institutions that claim to be apolitical.

Bottom Line:

The DOJ just declared open season on the Fed board. Forget independence — this is about who gets to pull the levers when the next crisis hits. And the deep state wants the seat filled before the system starts to crack.

If you think the Fed is the only institution under quiet occupation, think again.

This week’s Ledger exposes how U.S. intelligence agencies now use foreign partners to surveil Americans, embed spyware in everyday tech, and turn faith communities into test zones. It’s not just illegal — it’s intentional.

The regime doesn’t care about borders. Why should its surveillance?

Subscribers get the full receipts inside The Ledger — our weekly deep dive into what the narrative machine wants buried.

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Appeals Court Nukes Trump’s $500M Fine

323 pages. That’s how long it took New York judges to admit Trump’s $500M penalty was always unconstitutional theater.

The New York appeals court just vaporized Judge Arthur Engoron’s civil fraud ruling against President Trump — a $500 million legal hit job — calling it not just “excessive,” but unconstitutional under the Eighth Amendment. The ruling didn’t trim the penalty. It annihilated it.

Letitia James’ lawfare crusade just blew up in her face.

The unanimous ruling said the underlying statute had never been used like this — to attack private business transactions where no one lost money, and all parties were sophisticated, voluntary participants. Translation: this wasn’t fraud. It was political sabotage dressed up in legal robes.

Even Trump’s so-called “victims” testified they made money and wanted more deals. The court laughed that off as proof of zero harm. Yet Engoron still tried to destroy Trump’s company, reputation, and campaign with a fine so bloated it made Bernie Madoff look modest.

And it gets worse for the lawfare mob: the ruling slammed the case as a grotesque use of power, admitting Engoron and James acted as partners in a political vendetta, not legal stewards. That’s not just a rebuke — that’s an indictment of the entire anti-Trump judiciary circus.

This isn’t about Trump’s vindication. It’s about the system eating itself.

Bottom Line:

The Trump trial strategy is collapsing in real time. Judges are finally saying the quiet part out loud: it was never about justice — it was about stopping Trump at any cost.

Trump to Patrol DC Streets With Police, Military

Trump is personally patrolling DC streets tonight with police and military…

…but the real story is why the establishment is panicking about direct action.

President Trump announced Thursday that he will personally join police and National Guard patrols in Washington, DC — a first in American history. “We’re going to do a job,” he said bluntly on Todd Starnes’ show.

This comes just 10 days after Trump ordered 800 Guard troops into the capital and took control of the city’s police force in response to what he declared a local crime emergency.

And now he’s showing up in person.

Predictably, the usual suspects are melting down — screaming about “militarization,” “norms,” and “authoritarianism.” But let’s be honest: when Trump works through channels, they obstruct him. When he goes direct, they panic.

Vice President JD Vance, Defense Secretary Pete Hegseth, and senior advisor Stephen Miller were heckled while touring Union Station on Wednesday. Protesters — described by Miller as “elderly white hippies” — tried to drown them out with chants of “Free DC.” The kicker? Violent crime in DC is already down 26% from last year. The plan is working — and the regime can’t stand it.

This isn’t about optics. It’s about control. Trump’s message is simple: if the institutions won’t do their job, he’ll do it himself.

Bottom Line:

The deep state doesn’t fear chaos — it fears order imposed without their permission. Trump just showed them what that looks like.

Trump’s Mass Visa Crackdown Targets 55 Million

55 million visa holders under review sounds like immigration enforcement…

…but the real story is what they’re actually hunting for in those files.

The Trump administration just announced a sweeping review of every legal U.S. visa holder — all 55 million of them — to identify violations that could trigger deportation. The State Department confirmed Thursday that this includes student, work, tourist, and exchange visa holders, both inside and outside the U.S.

This isn’t border enforcement. This is counter-intel disguised as immigration policy.

According to Secretary of State Marco Rubio, the administration is already blocking commercial truck driver visas, citing safety and economic impact. But the scale here reveals something deeper. This isn’t a random audit — it’s a surgical operation to root out embedded foreign operatives, overstays, and national security threats the deep state refused to touch under prior administrations.

Officials say they’re using social media scrapes, law enforcement data, and even home-country intelligence to flag “ineligibility.” That includes criminal activity, visa violations, and terrorism support — but don’t miss the bigger picture: Trump is weaponizing the tools of state that the swamp built, and turning them on the swamp’s own imports.

In just eight months, Trump’s team has already revoked over 6,000 student visas — including hundreds tied to terrorism — and is building a visa data system that blows Obama-era vetting out of the water.

Bottom Line:

This isn’t about immigration — it’s about flushing out threats buried inside the system. And the fact it’s legal visa holders has the deep state running scared.

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SCOTUS Greenlights NIH to Axe $800M in Grants

In a 5–4 decision, the Supreme Court allowed the NIH to halt nearly $800 million in research grants and toss out old enforcement memos. The media screams “anti-science,” but the real question is where that money was going — and who was getting paid to push the narrative. More here

Judge Rules Alina Habba’s Appointment Was ‘Unlawful’

A federal judge declared Trump’s appointment of former lawyer Alina Habba as U.S. Attorney for New Jersey “unlawful,” blocking her from holding the role. This isn’t about legal technicalities — it’s the judiciary flexing raw power to sabotage Trump’s inner circle. Full ruling

ICE-Detained Journalist Sues Noem, Bondi

Mario Guevara, a journalist detained by ICE while covering a Trump protest, is suing for release, claiming First Amendment violations. You don’t randomly snatch a reporter mid-story — this was a message. And every media outlet knows it. Politico coverage

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• ICE Chief Vows to ‘Flood’ Boston With Agents

  ICE Director Tom Homan warned Mayor Michelle Wu that her refusal to drop Boston’s sanctuary policies will result in a “flood” of federal agents hitting the city. Wu says she’s protecting immigrants — but it’s working-class neighborhoods that will pay the price, not her gated donor base. Full story here

• 1.5 Million Immigrants Have Left the U.S. in 2025

  DHS reports that 1.5 million immigrants — legal and illegal — have left the country this year alone, dropping immigrant labor force participation from 20% to 19%. Enforce the law, and the exits happen on their own. More from DHS

• California Approves Newsom’s Revenge Redistricting Plan

  The California Legislature just passed Gov. Gavin Newsom’s new redistricting map designed to wipe out up to 5 Republican congressional seats — directly retaliating against Texas’ recent redistricting gains. Gerrymandering is now open warfare. NYT coverage

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Thanks for reading The Daily Briefing. If today’s issue made you pause — good. The DOJ telling Jerome Powell who gets to sit on the Fed isn’t just unprecedented, it’s a live demo of how power actually operates in D.C. They don’t wait for a crisis. They position for it.

Trump isn’t just confronting institutions — he’s exposing how they were rigged to begin with.

And if you’re still wondering why the media keeps telling you to look the other way… it’s because the stories that matter most aren’t on the front page — they’re buried in the footnotes.

~ Scott 🇺🇸

P.S. Here’s my take: The DOJ letter to Powell wasn’t a warning. It was a loyalty test. Remove Cook, or we’ll escalate. That’s not oversight — that’s a message. The same message every independent actor in D.C. is being sent right now: get in line, or get out.

What do you think — should Trump be purging captured institutions this aggressively? Or does the strategy come with risks? Hit reply and tell me where you stand.

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