Lisa Cook, seen here at a hearing on Capitol Hill in Washington, D.C. in February of 2022, said Wednesday she won't resign despite allegations of mortgage fraud made in August by U.S. Director of Federal Housing Bill Pulte. File Photo by Ken Cedeno/UPI Aug ...

The surprise early resignation of former Fed Governor Adriana Kugler, another Biden pick, gives Trump an early opening to nominate someone to the central bank’s board and steer its monetary policy trajectory more toward his preferred path. He has named one of his economic aides, Stephen Miran, to fill the slot on an interim basis.

He’s become a top voice for ousting Federal Reserve Board Chair Jerome Powell and posts to social media constantly, like his boss in the Oval Office.

What just happened? On Wednesday, Federal Housing Finance Agency director Bill Pulte claimed that Fed governor Lisa Cook had committed mortgage fraud by claiming two different primary residences on loans, and that President Donald Trump had “great cause ...

Federal Housing Finance Agency (FHFA) director William Pulte on Wednesday accused Federal Reserve Governor Lisa Cook, a Biden appointee, of mortgage fraud. President Trump then demanded her resignation. Where this goes is hard to know, but it’s an ...