Fed governor Lisa D. Cook is being accused of mortgage fraud by Bill Pulte, who serves as Trump’s director of the Federal Housing Finance Agency.

Ms. Cook's departure would give Mr. Trump the opportunity to tip the balance of the Federal Reserve toward Republican appointees.

The meeting underscores policymakers’ reluctance to reduce a key rate until they get a clearer sense of tariff impacts.

WASHINGTON (AP) — President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member ...