Trump considers firing Fed Governor Lisa Cook
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Trump on Wednesday called for economist Lisa Cook to resign from the Fed Board of Governors over allegations of mortgage fraud.
The first Black woman to sit on the U.S. central bank’s board has been ‘making an impact — not making headlines.’
A letter to the Fed chair from Justice Department official Ed Martin said Cook’s case 'requires further examination,' Bloomberg reported.
The president’s second term has been marked by his eagerness to go after his foes and his assertions of presidential authority. Both traits are on display as he seeks control over the central bank.
The Big Money Show’ discusses President Donald Trump targeting Fed official Lisa Cook over explosive mortgage fraud allegations.