Trump Calls for Fed Governor Cook’s Resignation Amid Fraud Allegations

U.S. President Donald Trump has launched a call for Federal Reserve Governor Lisa Cook’s resignation, alleging mortgage fraud and demanding action from the Department of Justice (DOJ). The controversy stems from allegations that Cook falsified loan applications to secure favorable terms. While markets remain largely unaffected, financial analysts closely monitor the situation as potential regulatory changes could impact market volatility. Trump’s call for Cook’s resignation is creating a stir in the financial world, with experts highlighting potential disruptions to macroeconomic environments and impacting digital asset volatility. President Trump has publicly demanded her resignation via Truth Social, prompting the DOJ to launch an investigation. As of now, Cook has not issued any official statement. The Federal Reserve Governor faces scrutiny for allegedly submitting false documentation to secure advantageous loan terms. The U.S. Department of Justice is reportedly investigating these allegations and President Trump’s request. Financial experts remain cautious as they closely watch the situation.