Is Trump's Attack on Black Fed Governor a HUGE Scandal?
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The Department of Justice is investigating Federal Reserve Governor Lisa Cook for alleged mortgage fraud, following pressure from President Trump. Trump urged Cook's resignation after claims surfaced from FHFA chief Bill Pulte, alleging falsified documents to secure favorable loan terms. Cook denies the accusations and refuses to resign. Democrats accuse Trump of a politically motivated attack targeting the first Black woman on the Federal Reserve Board. This controversy adds to existing tensions between Trump and the Federal Reserve over interest rates and headquarters renovations.
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