Trump Calls for Fed Governor Cook's Resignation Over Mortgage Fraud Allegations
Federal housing regulator Bill Pulte accused Fed governor Lisa Cook of mortgage fraud and referred her for criminal prosecution, amid broader efforts by President Trump to influence the Federal Reserve and remove perceived opponents. The accusations involve alleged falsification of documents related to her primary residence and rental property, though no default has occurred. Trump has called for Cook's resignation, reflecting his broader strategy to install Fed leadership aligned with his economic policies.