Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump on Wednesday called for her resignation on the basis of allegations about ...

President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the ...

Cook was defiant, saying in a statement that she has “no intention of being bullied to step down from my position because of some questions raised in a tweet.”