Trump considers firing Fed Governor Lisa Cook
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President Donald Trump has called upon Federal Reserve governor Lisa Cook to resign after Federal Housing Finance Agency Director Bill Pulte asked the Justice Department to consider prosecuting her for 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.
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.
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.