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Trump fires Fed governor Lisa Cook, opening new front in fight for control over central bank
Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that she committed mortgage fraud. Bill Pulte, a Trump appointee to the agency that regulates mortgage giants Fannie Mae and Freddie Mac, made the accusations last week.
President Trump fired Federal Reserve Governor Lisa Cook late Monday, a sharp escalation in his battle to exert greater ...
4don MSN
DOJ set to probe Fed governor Lisa Cook over alleged mortgage fraud after Trump urged her to resign
It is the latest move by the Trump administration to step up pressure on the Federal Reserve, which has faced criticism from officials for being slow to cut rates and splashing out $2.5 billion on ...
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