The Big Money Show Panel discussed President Donald Trump’s plan to re -prepare the Jerome Pales Federal Reserve.
chairman Donald Trump On Wednesday, a Federal Reserve Governor called for his resignation, when one of his colleagues requested a referral requesting that he be investigated for hostage fraud.
Federal Housing and Finance Agency (FHFA) Director Bill Pulte posted a copy of a referral on Wednesday, which he sent to the Department of Justice federal Reserve Governor Lisa Cook. This news was first told by Bloomberg.
Trump posted about the story on his true social stage and wrote, “Cook should resign, now !!!”
In his letter, Pulte accused Cook of acquiring more favorable debt conditions “fake bank documents and property records, potentially committed mortgage under criminal law.”
Powell Jackson Hole faces the economic intersection in the speech because the Fed Chair Tenure ends
President Donald Trump called Fed Governor Lisa Cook to resign after a criminal referral of Pulte. (Will Oliver/EPA/Bloomberg Getty Image/Getty Image)
Pulte alleged in a referral letter that Cook had incorrectly claimed the status of primary residence for a pair of houses located in N Arber, Michigan and Atlanta, Georgia, Get hostage 14 days different on them.
In a separate post on X, Pulte posted painted paintings to show Cook’s signature from documents for both hostages, which they captioned as claiming primary habitat – although the documents in the images are not known.
The Fox Business reached the Federal Reserve, with no immediate comments on the allegations.
Besant of Treasury says that interviews for potential fed chairs will begin around Labor Day
Fed Governor Lisa Cook was appointed by President Joe Biden in 2022. (Al Drago / Bloomberg Getty Image / Getty Image)
Amid pressure campaign against the Federal Reserve of Call Trump Administration to resign criminal referral of Palt’s Cook and Trump, as the President has repeatedly called upon the central bank to cut interest rates.
Trump has threatened to fire the fed chair Zerome poly On several occasions, although he retreated from an attempt to remove Powell before the end of his tenure in May 2026, as between legal questions about the ability to fire Powell without any reason.
Trump, Pulte and the Allies saw as a reason for the potentially providing the expensive renewal of their Washington, DC, headquarters building – a dispute as a platform to call for Powell’s firing or resignation.
The director of the federal agency suggests that Fed Chairman Powell is considering resigning
On July 11, Pulte released a statement on the FHFA website and social media, which included the unspecified reports that Powells were preparing to resign, writing that “I have been encouraged by the reports that are considering resigning Jerom Powells.
Powell has indicated that he intends to serve his remaining tenure as Chairman.
Trump and the Allies criticized the management of the Federal Reserve of renewal of their headquarters, suggesting that this Fed Chair could serve as the removal of Jerome Powell. (Reuters / Kent Nishimura / Reuters)
Pulte’s referral arrives as the Federal Reserve Jackson Hole is closing its annual monetary policy conference this week.
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Powell has been prescribed to deliver a high-existence speech on Friday morning that can provide information about how the central bank sees the path to cut the latest economic data and potential interest rate.
