Trump calls on Fed’s Cook to resign
Digest more
President Trump escalated his attacks on the Federal Reserve by demanding the resignation of Fed Governor Lisa Cook over unproven mortgage fraud allegations, which she denies.
President Trump called on Federal Reserve governor Lisa Cook to resign after one of his officials [accused her of 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.