WASHINGTON (AP) — President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud.

Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to the Fed’s governing board by former president Joe Biden in 2022. She was reappointed the following year to a term that lasts until 2038.

Pulte alleged that Cook has claimed two homes as her principal residences — one in Georgia, the other in Michigan — to fraudulently obtain better mortgage lending terms.

The allegation represents another front in the Trump administration’s attack on the Fed, which has yet to cut its key interest rate as Tr

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