In a shocking turn of events, President Trump has called for the resignation of Lisa Cook, a Federal Reserve Governor, following heightened focus on mortgage fraud within the administration. Shockwaves spread through Washington as Trump publicly demanded Cook's resignation, accusing her of failing to address the issue adequately.
The President's move comes after Cook's involvement in a number of high-profile cases related to mortgage fraud, including the recent scandal involving Bill Pulte. Trump's decision to target Cook has raised eyebrows among politicians and economists alike, with many questioning the motives behind the abrupt call for resignation.
Cook, who has served as a Federal Reserve Governor for several years, has not yet responded to Trump's demand for her resignation. The situation has sparked speculation about potential ramifications for the Federal Reserve and the broader financial sector.
As tensions escalate between Cook and the Trump administration, all eyes are on the Federal Reserve Governor as the country waits to see how this unprecedented situation will unfold. Stay tuned for more updates on this developing story.
Category: Politics
Published on: 2025-08-20 16:15:26
Related articles:
Trump calls on Fed governor to resign after mortgage fraud allegations, CBS News
Trump calls on Federal Reserve governor Lisa Cook to resign, renewing attack on central bank, The Guardian
Trump calls on Fed’s Cook to resign as administration heightens focus on mortgage fraud, MarketWatch