Trump calls on Fed Governor Lisa Cook to resign
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President Donald Trump said Friday that he would fire Federal Reserve Governor Lisa Cook if she doesn't choose to resign. She's accused of mortgage fraud and falsifying bank documents. "I have no intention of being bullied to step down from my position because of some questions raised in a tweet,
A top Justice Department official on Thursday called for the head of the Federal Reserve to remove an official from its board, the day after President Donald Trump also demanded action over allegations of mortgage fraud.
"No American thinks it is appropriate that she serve during this time with a cloud hanging over her,” Ed Martin wrote in a letter to the Fed chair.
On Wednesday, Trump called on Cook to resign after Federal Housing Finance Authority director William Pulte sent a "criminal referral" to Attorney General Pam Bondi, accusing Cook of mortgage fraud. Neither Bondi nor the Justice Department has announced if they plan to open a criminal investigation into Cook.