Overview
- Trump posted on his social media account that Cook must resign immediately, citing Bloomberg's report.
- Bloomberg reported suspicions that Cook falsified paperwork to secure favorable mortgage terms and that the housing finance chief asked the Justice Department to investigate.
- The Wall Street Journal reported, citing White House officials, that removal is being considered if she does not step down.
- Mainichi reported that Federal Housing Finance Agency Director Bill Pault publicly released his referral letter to the Justice Department on X.
- Cook said she would not resign under pressure and would address questions about her financial record, and she has served on the Fed board since her 2022 appointment by President Joe Biden.