Trump says he’s removing Federal Reserve Governor Lisa Cook, citing his administration’s allegations of mortgage fraud
Trump is removing Federal Reserve Governor Lisa Cook effective immediately, according to a letter he posted last night on Truth Social.
In the letter, Trump writes: “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately.”
Trump cites a “criminal referral” from Federal Housing Finance Agency Director William Pulte, in which Pulte accused Cook of mortgage fraud.
The Federal Reserve did not immediately respond to a request for comment.
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‘Maybe they will, maybe they won’t’: Trump voices doubt over Zelenskyy-Putin talks
Reporting from Washington
Trump is signaling fresh doubts about whether Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin will meet anytime soon as momentum toward a summit between the warring countries appears to be fading.
“I don’t know that they’ll meet — maybe they will, maybe they won’t,” Trump said yesterday at the White House during a meeting in the Oval Office with South Korean leader Lee Jae Myung. “It’s going to be up to them. It takes two to tango. I always say it. And they should meet, I think, before I have a meeting and probably close the deal, but I think it’s appropriate.”
Trump praised Putin for traveling to the United States for talks, a move he said Putin was reluctant to make, but he acknowledged that the efforts to broker peace seem to have slowed.
That marks a shift in tone just over a week after Trump hosted Putin in Alaska for a whirlwind summit aimed at breaking through the three-year stalemate in the Russia-Ukraine war. Trump had initially suggested that back-to-back meetings between the key parties could occur within a matter of days or weeks.
