Hours after President Donald Trump announced he would fire Lisa Cook, the Federal Reserve governor announced she has no plans of leaving the Fed Board of Governors any time soon.
Trump’s Truth Social announcement of her firing hinged on accusations of Cook committing mortgage fraud, which Federal Housing Finance Agency Director Bill Pulte leveled two weeks ago.
Recommended Stories
Unclear if Lisa Cook still at Fed after Trump firing
Trump fires Fed governor Lisa Cook in major escalation
How an American construction company became the center of a US-Mexico dispute
Cook, a former Michigan State University professor, catapulted into the spotlight of Trump’s feud with the Fed in August after Pulte sent a criminal referral to Attorney General Pam Bondi to consider prosecut