Trump calls on Fed’s Cook to resign
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President Trump called on Federal Reserve governor Lisa Cook to resign after one of his officials [accused her of mortgage fraud](
President Donald Trump has called upon Federal Reserve governor Lisa Cook to resign after Federal Housing Finance Agency Director Bill Pulte asked the Justice Department to consider prosecuting her for mortgage fraud.
The dollar declined following President Trump's call for Federal Reserve Governor Lisa Cook's resignation amid mortgage fraud allegations. Markets reacted to concerns of political interference in the Federal Reserve.