Trump says Fed governor Cook 'must resign'
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A Justice Department official is set to probe Federal Reserve Governor Lisa Cook after she was accused by a member of President Donald Trump’s administration of committing mortgage fraud, according to a letter sent Thursday to Fed Chair Jerome Powell.
President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a Fed governor is limited.
A lone protester interrupted the serene morning at Jackson Lake Lodge as Fed governor Lisa Cook tried to slip into the Kansas City Fed’s annual economic symposium through a side entrance. Bill Pulte,
President Donald Trump said Friday that he will fire Federal Reserve governor Lisa Cook if she doesn't resign.
On Friday, President Trump threatened to fire Federal Reserve governor Lisa Cook if she doesn't resign after allegations of mortgage fraud surfaced over the past week.
The 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 in a letter sent Thursday.