President Donald Trump on Friday said he will fire Federal Reserve Governor Lisa Cook if she does not resign after she was accused of mortgage fraud.
“What she did was bad,” the 47th president told reporters.
“So I’ll fire her if she doesn’t resign,” he added.
Bill Pulte, chair of the Federal Housing Finance Agency (FHFA), said, “We have obtained a document Lisa Cook submitted to the U.S. Government while serving as Federal Reserve Governor. In it, on February 28, 2023, she represents to the U.S. Government that the Atlanta Property is her PERSONAL RESIDENCE. However, Lisa Cook, as a then-sitting Fed Governor and six months earlier, on September 1, 2022, appears to have listed that same property for RENT.”
Ed Martin, the United States Pardon Attorney for the Justice Department, on Thur