President Donald Trump is escalating the pressure on Federal Reserve Governor Lisa Cook, demanding her resignation following accusations of mortgage fraud. These allegations, fueled by claims from Trump ally William Pulte, raise concerns about the future direction of monetary policy and the independence of the Federal Reserve. Notably, President Trump’s push for Cook’s departure stems from a ‘Criminal Referral Letter’ filed by U.S. Federal Housing Finance Agency Director William Pulte that alleges she committed mortgage fraud. The letter contends that Cook potentially listed two different properties as her primary residence on loan applications in 2021, raising concerns about potential financial irregularities. This has led to calls for Cook’s resignation from members of Congress including Senator Bernie Moreno (R-Ohio), who urged her to step down, and Trump, who has publicly criticized the Fed Chair Jerome Powell and demanded his dismissal multiple times. Cook maintains her position, refuting claims levied on Twitter and emphasizing her commitment to addressing any inquiries about her financial history. She plans to provide accurate information in response to valid concerns.