Trump says he'll fire Fed Governor Lisa Cook 'if she doesn't resign'

1 month ago 16

Lisa Cook, politician of the US Federal Reserve, speaks astatine the Peterson Institute For International Economics successful Washington, DC, US, connected Thursday, Oct. 6, 2022.

Ting Shen | Bloomberg | Getty Images

President Donald Trump said Friday helium volition occurrence Federal Reserve Governor Lisa Cook if she does not resign from her position.

"What she did was bad," the president told reporters who asked astir Cook, an appointee of erstwhile President Joe Biden who has travel nether occurrence from the Trump medication implicit allegations astir her mortgages.

"So I'll occurrence her if she doesn't resign," helium said during an impromptu sojourn to The People's House, a depository of the White House.

Federal Housing Finance Agency Director Bill Pulte this week publically accused Cook of owe fraud related to claims that she took 2 antithetic properties arsenic her superior residence astatine the aforesaid time.

He sent a transgression referral to the Department of Justice, which revealed Thursday that it volition analyse Cook.

Pulte, a vocal professional of Fed Chairman Jerome Powell who has aggressively backed Trump's calls for the cardinal slope to little involvement rates, has continuously attacked Cook connected societal media since revealing his allegations.

Cook has consistently voted successful enactment with Powell. She sided with the bulk to support rates unchanged pursuing the Federal Open Market Committee's astir caller gathering past month.

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