Trump calls for Feds Lisa Prepare dinner again after Invoice Pulte requested for an examination of mortgage fraud

Lisa Cook, member of the US Federal Reserve's Board of Directors, visits an open meeting of the Federal Reserve Board, in which the proposed revisions of the additional impact assessment standards of the Board of Directors are discussed on June 25, 2025 in the building of the Federal Reserve Board in Washington.

Saul Loeb | AFP | Getty pictures

President Donald Trump asked on Wednesday that the governor of the Federal Reserve, Lisa Cook, resigned after a head of the US apartment agency asked the Ministry of Justice to start an investigation of criminal mortgage fraud in the Central Bank civil servants.

“Koch has to step back now !!!” Trump wrote in a social contribution to the truth, which was associated with a Bloomberg report on the allegations that Bill Pult, director of the Federal Housing Finance Agency, submitted against Cook.

The FED rejected CNBC's request after comment on pulse claims and Trump's reaction.

It is the latest example of the Trump administration that radiates allegations for mortgage-related against the president's opponents. The Ministry of Justice is investigating Senator Adam Schiff, D-Calif., And New York Attorney General Letitia James for similar reasons.

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The remarks also show that Trump extends his attacks on the Fed beyond its chairman Jerome Powell as he puts the central bank on the interest rates.

Cook, who was nominated by the former President Joe Biden in 2022, voted the majority in the Federal Open Market Committee to keep interest rates after the group's last session last month.

Powell, an aggressive critic of Powell, wrote in the letter dated August 15 that FHFA seems to show “fake bank documents and real estate records for the acquisition of cheaper loan conditions and potentially committed mortgage fraud”.

He accused the cook of having fake “the residence status” for an apartment in Ann Arbor, Michigan, and a property in Atlanta, Georgia, in order to secure lower interest rates and cheaper loan conditions. “

For both real estate, Cook “has acquired mortgages that do not meet certain credit requirements and have received favorable loan conditions under fraudulent circumstances,” said Pulte.

This is the development of news. Please check for updates.