The US president assured today that he is ready to abolish one of the members of the Federal Bank (), Lisa Cook, if he did not resign, as a close associate accuses her of countering documents to receive a housing loan.
“What she did (Cook) is very bad and therefore I will dismiss her if she does not give up,” Trump said, speaking to Washington reporters. In the past few days, the US president had repeatedly called on Cook, the first African -American appointed to the Fed, intensifying this pressure on the federal bank.
What has happened to Lisa Cook
Cook was appointed by Joe Biden. Bill Paltie, who was appointed by Trump, accuses her of countering bank documents and records for her real estate assets in order to achieve favorable interest rates for two housing loans. Paltie asked the Justice Ministry to launch an investigation against her, believing that “a mortgage loan is a criminal offense,” according to Bloomberg.
Cook’s resignation, as he could appoint two new rulers of his choice, following the departure of the head of the Federal Bank, Jerome Powell, next May, when his term expires. The 79 -year -old president criticizes Powell – whom he had appointed – because he “delayed” interest rates, at a time when the US tariff war made the economic prospects uncertain.
According to Finance Minister Scott Besed.
