Fed mum on whether Lisa Cook is at the office after Trump removed her from board

The Federal Reserve was mum connected Tuesday erstwhile asked whether Fed Board Governor Lisa Cook was astatine her bureau — oregon moving remotely — a time aft President Donald Trump said helium had fired her.

The Fed's property bureau and Cook's high-powered lawyer, Abbe Lowell, did not reply erstwhile CNBC asked if she was moving Tuesday, and if so, where.

Security astatine the central bank's office successful downtown Washington, D.C., likewise would not accidental whether Cook was successful the building.

On Monday night, Cook said that she would stay successful her occupation contempt Trump's having told her successful a missive posted connected Truth Social earlier successful the evening that helium was removing her "for cause."

The president cited allegations by Federal Housing Finance Agency Director Bill Pulte that Cook had made mendacious statements connected location owe applications, which are being investigated by the Justice Department.

"I volition not resign," Cook said successful a connection precocious Monday. "I volition proceed to transportation retired my duties to assistance the American system arsenic I person been doing since 2022."

Cook, who is the archetypal Black pistillate to service arsenic a Fed governor, said that Trump did not person the authorization to region her due to the fact that determination was nary ineligible origin for him to bash so.

Pulte arsenic grounds has pointed to documents that Cook allegedly signed for properties successful Michigan and Georgia, which claimed they were each her superior residence. He accused Cook her of "falsifying residence statuses ... "in bid to perchance unafraid little involvement rates and much favorable indebtedness terms."

It is unclear however Pulte acquired the applications, and Cook has not been charged with immoderate crime.

Lowell, successful his ain connection Monday, said, "We volition instrumentality immoderate actions are needed to forestall his attempted amerciable action."

The Federal Reserve's media bureau has not commented connected Trump's announcement.

Commerce Secretary Howard Lutnick said Tuesday that helium did not cognize who had the authorization to halt Cook's paycheck oregon her entree to the Federal Reserve buildings.

Lutnick demurred erstwhile asked if Trump could occurrence Fed Chairman Jerome Powell for origin if Powell continued to authorize Cook's paycheck and entree aft the president had said she was fired.

"These are each 'what-if scenarios,' " Lutnick said successful an interrogation with CNBC's "Squawk Box."

"The reply is, the Department of Justice volition spell instrumentality this connected and woody with this," helium said.

If Trump succeeds successful removing Cook and confirming her replacement, past the bulk of the 7 members of the Fed's committee would beryllium Trump nominees.