A Justice Department official is set to probe Federal Reserve Governor Lisa Cook after she was accused by a member of President Donald Trump’s administration of committing mortgage fraud, according to a letter sent Thursday to Fed Chair Jerome Powell.

A new report says the president might try to fire Cook, the first woman of color to sit on the Federal Reserve Board of Governors.

President Donald Trump said Friday that he would fire Federal Reserve Governor Lisa Cook if she doesn't choose to resign. She's accused of mortgage fraud and falsifying bank documents. "I have no intention of being bullied to step down from my position because of some questions raised in a tweet,

President Donald Trump said Friday that he will fire Federal Reserve governor Lisa Cook if she doesn't resign.

A lone protester interrupted the serene morning at Jackson Lake Lodge as Fed governor Lisa Cook tried to slip into the Kansas City Fed’s annual economic symposium through a side entrance. Bill Pulte,