Editor's PiCK

Trump: "If Lisa Cook does not resign, I will dismiss her myself"

Source
Suehyeon Lee

Summary

  • U.S. President Donald Trump is reportedly putting strong pressure on Fed Governor Lisa Cook to resign.
  • Governor Cook is facing allegations of mortgage fraud, and Trump has even mentioned the possibility of dismissing her directly.
  • This situation has drawn the attention of investors to the possibility of a change in the Fed’s Board of Governors.

U.S. President Donald Trump continues to pressure Lisa Cook, Fed Governor, to resign.

According to Watchguru on the 23rd (local time), Trump warned, "If Lisa Cook does not resign, I will dismiss her myself."

Lisa Cook, Fed Governor, is currently facing allegations of mortgage fraud. Bill Pulte, Director of the Federal Housing Finance Agency (FHFA), claimed that in 2021, Cook reported multiple properties as 'residential' at the same time to secure favorable loan terms. Using this as grounds, Trump demanded Cook's resignation.

Meanwhile, Cook has denied the mortgage-related allegations against her and expressed her determination not to give in to the pressure to resign.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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