Fed Governor Lisa Cook Refuses to Resign Amid Trump Pressure and Allegations

Federal Reserve Board member Lisa Cook has refused to resign despite President Trump calling for her ouster over allegations of mortgage fraud, which she denies and is investigating further. The controversy stems from claims by FHFA Director William Pulte that Cook designated her out-of-state condo as her primary residence shortly after taking a loan on her Michigan home, leading to a criminal referral to the Justice Department.