THE AMERICA ONE NEWS
Aug 22, 2025  |  
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 | Remer,MN
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President Donald Trump said Friday he would fire Federal Reserve Governor Lisa Cook if she doesn’t resign voluntarily, as Cook is facing allegations of mortgage fraud, which she has denied.

Trump told reporters “I’ll fire her if she doesn’t resign,” adding what Cook “did was bad,” referring to allegations brought by Federal Housing Finance Agency Director Bill Pulte that Cook committed mortgage fraud by claiming two properties as her primary residence.

Cook said in a statement Wednesday she has “no intention of being bullied to step down from my position because of some questions raised in a tweet,” referring to Pulte’s tweet in which he brought the initial allegations.

Cook has denied any wrongdoing and said the accusations were “based on a mortgage application from four years ago, before I joined the Federal Reserve.”

Trump said on Truth Social earlier this week Cook “must resign, now!!!”

This is a developing story and will be updated.