<p><span style="font-weight: 400;">President Donald Trump said Friday that he would fire Federal Reserve Governor Lisa Cook if she doesn’t resign over mortgage fraud allegations. </span></p>
<p><span style="font-weight: 400;">Cook, appointed to the Federal Reserve by former President Joe Biden, has <a href="https://www.dailywire.com/news/trump-calls-for-fed-official-to-resign-now-after-mortage-fraud-allegations">faced pressure</a> from the Trump administration to step down after Federal Housing Finance Agency Director Bill Pulte — an ally of Trump — urged the Justice Department to investigate alleged mortgage-residence misrepresentations by Cook. </span></p>
<p><span style="font-weight: 400;">“I’ll fire her if she doesn’t resign,” Trump told reporters on Friday morning. “What she did was bad so I’ll fire her if she doesn’t resign.”</span></p>
<p><span style="font-weight: 400;">Trump first called for Cook to step down on Wednesday, shortly after Pulte publicized an August 15 letter he sent to Attorney General Pam Bondi alleging that Cook falsified documents to get better loans and interest rates. </span></p>
<p><span style="font-weight: 400;">Pulte alleged that Cook simultaneously claimed primary residency for two homes—one in Michigan and one in Georgia — in order to secure more favorable mortgage rates. He wrote in his letter that Cook “falsified bank documents and property records to acquire more favorable loan terms, potentially committing mortgage fraud under the criminal statute.”</span></p>
<p><span style="font-weight: 400;">In a statement, Cook said that she learned of the criminal referral through the media and that she had no plans to leave her position at the Fed. </span></p>
<p><span style="font-weight: 400;">“I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” she said. “I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.”</span></p>
<p><strong><a href="https://get.dailywire.com/subscribe/plus/?utm_campaign=summer&amp;utm_content=editorialsummersale&amp;utm_medium=website&amp;utm_source=editorial" target="_blank" rel="noopener">End of Summer Sale – Get 40% off New DailyWire+ Annual Memberships</a></strong></p>
<p>Trump has repeatedly clashed with the Fed over its reluctance to lower interest rates and has previously floated firing Federal Reserve Chair Jerome Powell. Cook, who is slated to stay at the Fed until 2038, has backed Powell’s decision to hold interest rates steady.</p>
<p>Last year, The Daily Wire and City Journal conducted an <a href="https://www.dailywire.com/news/trouble-at-the-fed">investigation</a> into Cook’s academic record and found that, in several papers, she had lifted language from other scholars without proper quotations, and repeatedly republished text from her own prior work — or that of coauthors — across multiple academic journals without adequate attribution.</p>
<p><span style="font-weight: 400;">For example, in a 2021 paper titled “The Antebellum Roots of Distinctively Black Names,” Cook copied and pasted verbatim language from Charles Calomiris and Jonathan Pritchett, without using quotation marks when describing their findings, as required.</span></p>
<p>Much of Cook’s academic work also focused on race activism rather than quantitative economics.</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Trump To Fed Governor: Resign Now Or Be Fired Over Fraud Claims

CONTINUE READING

Owner Of ‘Trump House’ In Critical Condition After Brutal Beating

Vanished Teen Last Seen With Sexual Predator Released After Leftist DA Screw-Up

JD Vance’s ‘Simple’ Message After Massive Medicaid Fraud Takedown

WATCH: Police Crack Down After Teens Cause Chaos In Popular Beach Town

Feds Charge Somali Daycare Owner From Viral Video For Making Up Fake Kids

Dem Candidate Complained About Thai Prostitute ‘Loophole’ Closing

News

Donald Trump

Federal Reserve

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Menu

— News —

Trump To Fed Governor: Resign Now Or Be Fired Over Fraud Claims