President Donald Trump stated on Aug. 22 that he will fire Federal Reserve Gov. Lisa Cook if she does not step down from her role at the U.S. central bank.
Earlier this week, Cook was publicly accused of mortgage fraud by Bill Pulte, chairman of the Federal Housing Finance Agency. He also sent an Aug. 15 criminal referral letter to Attorney General Pam Bondi and Special Attorney Ed Martin, alleging that she falsified “bank documents and property records to acquire more favorable loan terms” and lower interest rates.