President Donald Trump urged Federal Reserve Gov. Lisa Cook to resign following allegations of mortgage fraud.
“Cook must resign, now!” Trump said in an Aug. 20 Truth Social post.
Trump Calls for Fed Governor Lisa Cook’s Resignation Over Mortgage Fraud Allegations
Federal housing finance regulator Bill Pulte accused Cook of mortgage fraud.
Lisa Cook, member of the Board of Governors of the Federal Reserve, attends a Federal Reserve Board open meeting discussing proposed revisions to the board's supplementary leverage ratio standards at the Federal Reserve Board building in Washington on June 25, 2025. Saul Loeb/AFP via Getty Images
