Fed Governor Lisa Cook will not step down despite Trump call
Share and Follow


Federal Reserve board of governors member Lisa Cook has said she will not step down despite President Trump calling for her to do so.

Cook said she had “learned from the media that [Federal Housing Finance Agency (FHFA)] Director William Pulte posted on social media that he was making a criminal referral based on a mortgage application from four years ago, before I joined the Federal Reserve,” according to a statement obtained by The Hill’s sister network NewsNation

“I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” she added. “I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.”

On Wednesday, Trump called for the resignation of Cook in the wake of allegations by FHFA’s chief that she committed mortgage fraud.

FHFA Director William Pulte said early Wednesday on the social platform X that Cook had designated two of her houses as her primary residence.

“Lisa D. Cook, committed mortgage fraud by designating her out-of-state condo as her primary residence, just two weeks after taking a loan on her Michigan home where she also declared it as her primary residence,” he said.

Trump pushed for Cook to step down shortly after Pulte’s post.

“Cook must resign, now!!!” the president said on his own Truth Social platform.

Pulte also said his agency made a criminal referral to the Justice Department on the allegations against Cook.

In recent months, Trump has also directed his ire toward Fed Chair Jerome Powell and pushed for his exit as well.

The Hill has reached out to the White House and FHFA for comment.

Share and Follow
You May Also Like

Bills’ Jordan Phillips Denounces Sean McDermott’s Dismissal as ‘Ill-advised and Disturbing

The announcement of the Buffalo Bills’ decision to dismiss head coach Sean…

Netflix Adapts: New Strategy Ensures Movie Plots Are Repeatedly Explained for Phone-Scrolling Viewers

Actor Matt Damon recently shared some intriguing insights about how Netflix influences…

Victims of Spanish Train Disaster Ejected from Windows, Found Hundreds of Yards Away; Death Toll Exceeds 39 as Investigation into “Truly Strange” Incident Deepens

Officials reported a tragic derailment in Spain last night involving two high-speed…

Unpacking Jerome Powell’s Dilemma: Greenland, Tariffs, and Economic Turbulence

When Treasury Secretary Scott Bessent appears on a Sunday talk show,…

Controversy Erupts as NFL Announces Politically Charged Punk Band for Super Bowl Halftime Show

The Super Bowl halftime show has brought us a mix of…

Calls for Australian Tennis Icon Wally Masur’s Dismissal Following Controversial Comment on Novak Djokovic

Enraged tennis enthusiasts are demanding the removal of a renowned tennis commentator…

Senator Tillis Embarks on Dynamic Final Year with Bold Initiatives

Senator Thom Tillis from North Carolina has never hesitated to express his…

Morning Brief: Protesters’ Actions Under Scrutiny in Ongoing Narrative

Monday, January 19, 2026 Good morning, and welcome to RedState’s “Morning…