President Donald Trump said he will fire Federal Reserve Governor Lisa Cook if she does not resign amid allegations of mortgage fraud. FHFA Director William Pulte posted on social media and shared a criminal referral alleging Cook designated an out-of-state Atlanta condo as her primary residence two weeks after taking a loan on a Michigan home. Trump echoed the call for resignation on Truth Social. The Federal Reserve Board media office declined to comment and cited Cook's statement that the referral concerned a mortgage application from four years earlier and that she will provide accurate information to respond.
Yeah, I'll fire if she doesn't resign. What she did was a bad so I'll fire her if she doesn't resign,
U.S. Federal Housing FHFA, alleges in a Criminal Referral to the Department of Justice that Federal Reserve Governor, Lisa D. Cook, committed mortgage fraud by designating her out of state condo as her primary residence, just two weeks after taking a loan on her Michigan home pic.twitter.com/3hlknQ4yzF
Cook must resign, now!!!
I learned from the media that FHFA Director William Pulte posted on social media that he was making a criminal referral based on a mortgage application from four years ago, before I joined the Federal Reserve. I have no intention of being bullied to step down from my position because of some questions raised in a tweet. I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.
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