“I have determined that there is sufficient cause to remove you from your position,” Mr. Trump said in a letter. Her dismissal threatened to touch off a landmark legal battle over the Fed’s independence.
Category: Pulte, William J (1988- )
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What to Know About the Fed’s Lisa Cook and Mortgage Fraud Allegations
Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign.
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Trump Threatens to Fire Fed Governor Lisa Cook If She Does Not Resign
President Trump said he would fire Lisa Cook, a Federal Reserve governor, if she did not resign. But his ability to fire a Fed governor is limited.
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Trump’s Attacks on Fed Overshadow a Critical Moment for the Central Bank
The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.
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What Will Powell Do Now?
President Trump’s attack on a Federal Reserve governor comes as the White House seeks more control over the central bank. Will the Fed’s leader push back?
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Trump Demands a Fed Governor Resign, Escalating Campaign to Remake Central Bank
The administration accused Lisa Cook of mortgage fraud and said it would refer the matter for criminal investigation.
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Trump Seeks to Sell Fannie Mae and Freddie Mac Shares to Public Investors
More than a decade after the government bailed out the mortgage giants, the Trump administration is looking for a partial stock-market exit.