The Brief

WASHINGTON - On Wednesday, President Donald Trump urged Federal Reserve governor Lisa Cook to resign after a member of his administration accused her of mortgage fraud, marking the latest move in his administration’s push to exert control over the central bank.

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, the longest remaining term among the seven governors.

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Pulte, in a letter to Attorney General Pam Bondi, alleged that Cook cla

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