The Money Making Committee is discussing President Donald Trump calling for Lisa Cook to resign from the Federal Reserve Council and more.
president Donald Trump On Friday, she threatened to dismiss a member of the Federal Reserve Governor Council if she did not resign.
Federal Reserve Governor Lisa Cook faces fraud allegations in mortgage under investigation by the Ministry of Justice (doj) in the wake of a criminal referral by the head of the Federal Housing Agency, Bill Bouti – Trump’s strong and critical ally of the Federal Reserve.
“I will expel it if you don’t resign,” Trump told reporters on Friday. “What I did was bad.”
Earlier this week, Pulte sent his referral to the Ministry of Justice on Wednesday and accused it of “fake banking documents and property records to obtain more favorable loan conditions, and may be committed in mortgage fraud under the criminal statute.”
President Donald Trump threatened to shoot the Governor Lisa Cook if she refuses to resign amid allegations of fraud in the mortgage. (Tasos Katopodis / Getty Images / Getty Images)
Bolt claimed that Cook had falsely claimed the status of a pair of homes in Ann Arbour, Michigan, Atlanta, Georgia, when it is Getting mortgages real estate She has 14 days ago.
In a separate publication, he posted pictures aimed at showing their signature from the documents he made commented that they are demanding the initial residence status – although the images do not contain this information.
The Federal Reserve Chairman refers to the labor market in the Federal Reserve in the labor market
Kok again pushed the allegations of Polber and referred in a statement submitted by Fox Business by the Federal Reserve:
“I learned from the media that the director of FHFA William Polly published on social media that he was referring a criminal at the request of a mortgage four years ago, before I joined the federal reserve. I have no intention to intimidate in order to step down from my position because of some questions raised in the Twitter. Cook said.
“It will not be intimidated to step down from my position because of some questions that were raised in a tweet.” (Al Drao / Bloomberg via Getty Images / Getty Images)
Federal Reserve preparations show the tariff of inflation fears outperform the job market in July.
Under the federal law governing the Federal Reserve, the president can only remove the sitting ruler ForWhich was historically explained as applying to violations or misconduct, rather than political differences.
If Trump continues to threaten him to shoot Cook if he refuses to resign, it would be distinguished in history that the president has tried to remove the Federal Reserve Governor sitting and may lead to a legal battle.
Trump and his allies pressed the Federal Reserve Chair, Jerome Powell and other policy makers to reduce interest rates. (Kent Nishimura / Getty Images / Getty Images)
The President and his allies have repeatedly urged the Federal Reserve points to reduce interest rates in an attempt to enhance the economy and reduce the cost of US national debt service that exceeds 37 trillion dollars – although Trump has retracted the threats of previous fire on the Federal Reserve Speaker Jerome Powell.
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Cook was appointed to the Federal Reserve at the time Joe Biden In 2022, it was confirmed by the Senate by voting the party line from 51-47 in September 2023. Its term was operated as the 14-year-old Federal Reserve Court from 2024 to 2038.
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