The making money panel discussed President Donald Trump to call Lisa Cook to Federal Reserve Board of Governors and to resign more.
chairman Donald Trump On Friday, a member of the Board of Governors of the Federal Reserve threatened to set fire to her role if she does not resign.
federal Reserve Governor Lisa Cook is facing allegations of hostage fraud, which is under investigation by the Department of Justice (DOJ) after a criminal referral by the Federal Housing Finance Agency’s leading bill bridge, a hardcore trump colleague and a Critic of Fed.
Trump told reporters on Friday, “If she does not resign, I will fire her.” “What he did was bad.”
Pulte sent his referral to Doj on Wednesday and accused him of “he is probably committed to acquiring more favorable debt conditions of false bank documents and assets, potentially committed mortgages under criminal law.”
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President Donald Trump threatened to fire Governor Lisa Cook if she refuses to resign amidst allegations of hostage fraud. (Tasos Katopodis / Getty Image / Getty Images)
Pulte alleged that Cook had incorrectly claimed the status of primary residence for a pair of houses located in N Arber, Michigan and Atlanta. Get hostage 14 days ago on them.
In a separate post, he published the pictures to show his signature from the documents, which he captioned as claiming the status of the primary residence, although not the images.
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Cook pushed back on the allegations and referrals of Pulte in a statement by Federal Reserve to Fox Business.
“I learned from the media that FHFA Director William Pul posted on social media that he was creating a criminal referral based on a hostage application four years before joining the Federal Reserve,” said Cook.
“I have no intention of being tight to get rid of my position due to some questions raised in a tweet. I intend to take any question seriously about my financial history as a member of the Federal Reserve, and so I am collecting accurate information to answer any valid question and provide facts.”
Fed Governor Lisa Cook said that he would not be motivated to “move out of my position” due to some questions raised in a tweet. , (Al Drago / Bloomberg Getty Image / Getty Image)
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Under the federal law controlling the Federal Reserve System, the President can only remove one governor ForWhich has been historically interpreted as implementing malicious or malpractices rather than policy disagreement.
If Trump chased with his danger to cook, if she refuses to resign, it will first mark in history that a president has tried to remove a sitting Federal Reserve Governor, and it can cause a legal battle.
Trump and his associates have advocated for the Fed Chair Jerome Powell and other policy makers to cut interest rates. (Kent Nishimura / Getty Image / Getty Image)
The President and his colleagues have repeatedly urged to reduce the cost of cutting interest rates and serving the $ 37 trillion US national loan in an attempt to promote the economy, although Trump has supported previous threats to firing the fire fed chair. Zerome poly,
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Cook was appointed by the President to Fed Joe Biden The party-line vote of 51-47 in 2022 and in September 2023 was confirmed by the Senate. His term as Fed Governor lasts for 14 years, from 2024 to 2038.
