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President Donald Trump said on Friday that he shot Federal Reserve Governor Lisa Cook If she doesn’t do it resign From her position.
“What she did was bad,” the President told reporters who asked about Cook appointed by the former president Joe Biden who came under the fire from the Trump administration for charges of her mortgage.
“So, I will fired her if she did not retire,” he said during an unexpected visit to the National House, the White House Museum.
If Trump successfully removed the Cook in the case, he will be able to remake the governing council of the Central Bank potentially for years to come.
US President Donald Trump visits the National House House: the White House experience Museum in Washington, the US, August 22, 2025.
Jonathan Ernst Reuters
Two of the seven current governors, Christopher Waller and Michel Bowman, are appointed Trump. Both dissented from the last decision of the Fed on the constant interest rates.
And another place opened earlier this summer when Adrian Kelarir announced that she would go away.
If Trump is able to remove Cook, he will assign her replacement – effectively providing the most council members to share their views on the monetary policy. Council members are serving 14-year terms.
This week, the director of the Federal Housing Financial Agency Bill Pulte publicly accused Cook of Mortgage Fraud related to the allegations that she at the same time was taking two different objects.
He sent a criminal direction to the Ministry of Justice, which showed on Thursday what Cook would be investigated.
Partt, vocal critic of the chairman of the Fed Jerom Powell Aggressively supported Trump’s calls for the Central Bank to reduce interest rates, constantly attacking Cook in social media since the disclosure of its allegations.
Earlier, Trump called on Cook to resign in light of the allegations. Ed Martin, lawyer of the Ministry of Justice, which is widely regarded as LOOList The President urged Powell to rapidly remove Cook – though the head of the Central Bank can’t do it by law.
Cook consistently voted according to Powell. Most of it to the side to keep the bids of the unchanging after the last meeting of the Federal Open Market Committee last month.
Cook said on Wednesday that she “does not intend to mock my position from some issues raised on Twitter.”
“I learned in the media that the director of FHFA William Pipete posted on the social media that he made a criminal request based on a mortgage application from four years ago before I joined the federal reserve,” Cook said in a statement.
“I intend to take any questions about my financial history as a member of the federal reserve system, and so I collect accurate information to answer any legitimate questions and give facts,” she said.
This is conducting the news. Please update updates.