The Brief

Federal Reserve Governor Lisa Cook said she’s not resigning after President Donald Trump said he’s firing Cook.

Cook was appointed to the Federal Reserve Board in 2022.

Bill Pulte, director of the agency that supervises Fannie Mae and Freddie Mac, pushed for the Department of Justice to investigate Cook.

President Donald Trump said that he’s firing Federal Reserve Governor Lisa Cook.

Trump posted a letter Monday night on his Truth Social platform stating that he is removing Cook effectively immediately related to allegations that she committed mortgage fraud.

RELATED: Trump calls on Fed governor Lisa Cook to resign after mortgage fraud allegation

Federal Reserve governors vote on the central bank's interest rate decisions and on issues of financial regulation, ac

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