President Donald Trump escalated his attacks against the Federal Reserve on Friday, threatening to fire Lisa Cook, a Federal Reserve governor.
“Yeah, I’ll fire her if she doesn’t resign,” he told reporters. “What she did was bad. So I’ll fire her if she doesn’t resign.”
Cook has been a governor on the Federal Reserve Board since 2022. But she has been under fire from the Trump administration since Aug. 15, when Federal Housing Finance Agency Director Bill Pulte alleged that Cook had committed mortgage fraud by claiming two different properties as a primary home address. He wrote the administration is probing a third property she owns as well.