Trump calls on Fed’s Cook to resign
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U.S. President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign, citing a call by the head of the U.S. Federal Housing Finance Agency urging the Department of Justice to probe Cook over alleged mortgage fraud.
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Trump demands the resignation of a key Fed official as he broadens his attacks on the central bank
President Donald Trump called for Fed Governor Lisa Cook to resign after the director of the FHFA said she may have committed mortgage fraud.
The dollar declined following President Trump's call for Federal Reserve Governor Lisa Cook's resignation amid mortgage fraud allegations. Markets reacted to concerns of political interference in the Federal Reserve.
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