Lisa Cook, Jerome Powell and Federal Reserve
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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.
The first Black woman to sit on the U.S. central bank’s board has been ‘making an impact — not making headlines.’
I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” Cook said in a statement.
Trump demands the resignation of Federal Reserve Governor Lisa Cook following accusations of mortgage fraud. The FHFA has requested the DOJ to investigate Cook's alleged misrepresentation of mortgage terms.
President has spent months bullying Federal Reserve Chairman Jerome Powell over his refusal to lower interest rates and recently turned his fire on Fed board members
1don MSN
Trump calls on Federal Reserve Governor Lisa Cook to resign after she was accused of mortgage fraud
President Trump called on Fed Governor Lisa Cook to resign on Wednesday after one of his appointees accused her of mortgage fraud.