Trump Administration Pressures Federal Reserve Governor Lisa Cook Over Mortgage Fraud Allegations
In a significant escalation of tensions between the Trump administration and the Federal Reserve, former President Trump is calling for the resignation of Fed Governor Lisa Cook following allegations of mortgage fraud. The Justice Department has reportedly signaled an investigation into Cook, as associates of Trump emphasize her removal as part of a broader initiative against political rivals. Despite these pressures, Cook has publicly stated that she will not resign under such intimidation. The situation has drawn widespread attention, highlighting the intersection of politics and financial oversight, as critics argue that the administration is weaponizing mortgage fraud claims for its own ends. Trump continues to advocate for changes within the Fed amidst ongoing disputes over monetary policy.
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