Trump calls for Fed Governor Lisa Cook to resign
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Federal Housing Finance Agency Director Bill Pulte (left) has alleged that Federal Reserve Governor Lisa Cook of Michigan has committed mortgage fraud. Federal Housing Finance Agency Director Bill Pulte suggested Thursday that his referral of Federal Reserve Governor Lisa Cook for alleged mortgage fraud was part of a broader crackdown on the issue.
The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board,
President Trump said today that Lisa Cook, a Federal Reserve governor who has repeatedly voted not to cut interest rates despite his public pressure, should “resign, now!!!” It was the president’s latest push to remake the central bank.