Former Michigan State economist Lisa Cook came under continued fire from President Trump but it's unclear he can fire her despite his words.

Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign.

In the coming months, Trump is set to nominate a new Fed chair and another governor, both with permanent votes on the 12-member rate-setting committee.

President Donald Trump has threatened to fire Federal Reserve Governor Lisa Cook if she does not resign over mortgage fraud allegations.

Federal Housing Finance Agency Director Bill Pulte (left) has alleged that Federal Reserve Governor Lisa Cook of Michigan has committed mortgage fraud. Federal Housing Finance Agency Director Bill Pulte suggested Thursday that his referral of Federal Reserve Governor Lisa Cook for alleged mortgage fraud was part of a broader crackdown on the issue.

Trump said he would “fire” Fed governor Lisa Cook if she doesn’t resign, a CSPAN video shows. Cook has been accused of mortgage fraud by Bill Pulte, a Trump appointee who leads the Federal Housing Finance Agency.

The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board,

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