Donald Trump announced on Monday the “immediate” dismissal of a governor of the Federal Reserve (Fed), Lisa Cook, on allegations of fraud for a personal mortgage, further bringing up the pressure against the American central bank, an independent institution.
In a letter from the White House signed by his hand and which he published on his Truth Social network, the American president writes to the interested party that she is dismissed from her post to the Council of Governors, with immediate effect
.
I determined that there were enough reasons to dismiss you from your post
insisted the president, in principle legally constrained in his latitude to send back central governors, in particular their president Jerome Powell, black bane of the republican billionaire.
Donald Trump warned that he was willing at turn
Lisa Cook if she did not resign herself, when she was accused by a relative of the president of having falsified documents to obtain a mortgage.
He had already pressed this African-American woman, the first to a position of governor of the Fed, to resign.
Appointed by the then president Joe Biden (2021-2025), Lisa Cook has been under pressure from the White House since the head of the Housing Financing Agency (FHFA), Bill Pulte, appointed by Mr. Trump, accused him of having falsified bank documents and property registers in order to obtain favorable borrowing conditions
For two real estate loans, according to the Bloomberg agency.
Ms. Cook had already responded last week in a statement to AFP, stressing that her loan had been contracted before she joined the Fed. I do not intend to let myself be intimidated and resign from my post
she had assured.
Contacted by theAFPthe Fed did not respond immediately to comment on the president’s announcement.
