Trump says he’ll fire Fed Governor Lisa Cook ‘if she doesn’t resign’

President Donald Trump said on Friday, Federal Reserve Governor Lisa Cook if he did not resign from his position, he said.

“What he did was bad,” the President said to the journalists who asked the former president Joe Biden, who was under fire because of allegations of mortgages from the Trump administration.

In a surprise visit to the People’s House, a museum of the White House, he said, “So I will fire him if he doesn’t resign.”

If Trump had successfully lifted Cook for “reason”, he’d have the chance to reshape the board of the Central Bank over the coming years.

Christopher Waller and Michelle Bowman, two of the seven governors existing, are appointed. Both opposed the Fed’s decision to keep the interest rates fixed.

In the beginning of this summer, when Adriana Kugler announced that he would resign, another seat was opened.

If Trump can lift Cook, it replaces it – it allows the majority of the board to share its view of monetary policy effectively. Members of the Board serve the periods of 14 years.

Federal Housing Finance Agency Director Bill Pulte accused the court openly to the public about allegations claiming that he had received two different properties as the primary residence this week.

On Thursday, he sent a criminal referral to the Ministry of Justice, which announced that he would investigate Cook.

Trump’s Central Bank’s calls to reduce interest rates aggressively supporting the FED President Jerome Powell’s vocal critic Pulte, Cook has constantly attacked Cook on social media since he announced his claims.

Trump previously asked Cook to resign immediately in the light of the allegations. Ed Martin is a common ministry lawyer. loyalist He urged Powell to the Central Bank Chief immediately. He can’t do that In accordance with the law.

Cook constantly voted with Powell. After the latest meeting of the Federal Open Market Committee last month, they mostly together to change the rates.

Cook said in a statement on Wednesday, “A Tweet because of some questions brought up on the agenda to resign from my position has no intention of making bullying,” he said.

Cook, said in a statement, “the media FHFA Director William Pulte on social media, Federal Reserve before joining a four years ago, I learned that a criminal referral based on a mortgage application.” He said.

“As a member of the Federal Reserve, I plan to take any questions about my financial history seriously, so I collect the right information to answer legitimate questions and provide the facts.” He said.

Trump’s Friday morning, Powell’s economic conditions could guarantee “interest rate deductions”.

The economy and labor market remain flexible, negative risks are increasing and growth decreases – and Trump’s tariffs are once again increasing inflation concerns, Pow Power Wyoming Jackson said at his annual meeting at Jackson Hole.