President Trump is calling for the resignation of Federal Reserve governor Lisa Cook after a Trump ally accused her of making false statements on mortgage applications.

Alongside calling for Cook to resign, Trump is seeking to influence the Fed through other avenues, including frequently discussing possible nominees for the chairmanship once Powell's term ends ...

President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud.

Trump calls on Fed governor to resign over mortgage fraud accusations by Tobias Burns - 08/20/25 11:29 AM ET Listen to audio version of this article Advertisement ...

Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud.

WASHINGTON (AP) — President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud. Bill ...