President Donald Trump has publicly called for the resignation of Federal Reserve Governor Lisa Cook following allegations of mortgage fraud against her.
The accusations, brought forth by a Trump appointee, have intensified political tensions in Washington.
Lisa Cook, appointed by President Joe Biden, has served at the Federal Reserve with a background in academia and economic policy.
Details regarding the nature of the fraud allegations have not been publicly disclosed. Cook has not commented on the accusations, and her legal team has not issued a statement.
Trump made his resignation demand during a recent press conference, citing concerns about Cook’s ability to fulfill her duties amid the allegations. The Federal Reserve has yet to respond officially to Trump’s statements or the allegations against Cook.
