Trump calls on Fed Gov Cook to resign over mortgage allegations | Banks News

The resignation calls intensify Trump’s attempts to yield influence over the central bank.

United States President Donald Trump has called on Federal Reserve Governor Lisa Cook to resign, intensifying his effort to gain influence over the central bank on the basis of allegations made by one of his allies about mortgages Cook holds in Michigan and Georgia.

US Federal Housing Finance Agency Director Bill Pulte alleged in a post on X earlier on Wednesday that Cook had designated a condo in…