Donald Trump Already called for Fed The governor resigned immediately, launching a remarkable attack on the independence of the central bank as officials arranged for the next rate.
A close Trump ally defendant Lisa Cook’s appointment Joe Biden“potentially committing mortgage fraud” and urged the U.S. Department of Justice to investigate. The claim has not been confirmed.
The President of the United States has Repeatedly break precedents In recent months, the Fed has asked the rate to be lowered and its chairman Jerome Powell has urged to resign after ignoring such calls.
Trump jumped on Wednesday to charges about Cook. The governor “must resign, now!” He wrote Truth Social on his social media platform.
Cook and the Fed did not respond to requests for comment.
Cook’s current tenure on the Fed’s board of directors has lasted until 2038, after previously serving on the Economic Advisory Board under Barack Obama. When she took office in May 2022, she became the first black woman to sit on the Central Bank board.
This morning, Bill Pulte, head of the U.S. federal housing financial institution, has become outside the president himself – one of the most vocal critics of Powell and the Federal Reserve, prosecuting Cook.
According to Pulte, in June 2021, Cook signed a 15-year mortgage agreement on the property in Ann Arbor, Michigan and announced that she intends to use it as her primary residence. According to Pulte, Cook bought a property in Atlanta, Georgia and promised to use it as her primary residence when she came up with a 30-year mortgage.
Pulte transferred Cook to the Justice Department for a criminal investigation and quickly called on her to resign.
“How should she be responsible for the interest rate if the woman allegedly lied to help her interest rate?” he wrote on X, formerly Twitter.
Cook has not commented on the allegations, the latest figures for Trump officials against mortgage fraud. Pulte did it Similar charges About New York Attorney General, Letitia James and California Senator Adam Schiff, both Democrats. The Justice Department is reportedly investigating. James dismissed these claimsNo basis”.
Schiff strongly denied the allegations and accused the administration of the U.S. judicial system.
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