Trump says Fed governor Lisa Cook ‘must resign’ after William Pulte alleges mortgage fraud

President Donald Trump called for the resignation of Federal Reserve Governor Lisa Cook on Truth Social, following allegations by FHFA director William Pulte that she falsified mortgage documents, potentially committing mortgage fraud. Pulte’s letter, labeled a “criminal referral,” requests a Justice Department review and intensifies pressure on the Fed to lower interest rates, amidst scrutiny of prominent Democratic figures’ mortgages.

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