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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.
President Trump is calling for the resignation of Federal Reserve governor Lisa Cook after a Trump ally accused her of making ...
The administration accused the official, Lisa Cook, of mortgage fraud and said it would refer the matter for criminal ...
The highest APY available changes frequently. As of August 18, 2025, Digital Federal Credit Union offers 5.50% APY on the first $1,000 deposited. Other institutions offer up to 4.20%, according to ...
Pulte posted a copy of the letter to social media on Wednesday morning. In response, Trump has called on Cook to step aside.
Wall Street's main indexes fell on Wednesday, with a selloff in tech stocks driving the Nasdaq to a two-week low as caution ...
President Donald Trump called for Lisa Cook to resign from the Federal Reserve's board after his administration accused her of engaging in mortgage fraud.
President Donald Trump demanded Wednesday that Federal Reserve Governor Lisa Cook resign after the Federal Housing boss accused her of mortgage fraud.
The White House seeks more influence over interest rate policy as accusations emerge against the first Black woman on the Fed ...
The two Federal Reserve policymakers who dissented against the U.S. central bank decision's to leave interest rates unchanged ...