Trump said he would fire Federal Reserve board member Cooke if she did not resign.

President Donald Trump said that if Federal Reserve Board Governor Lisa Cook does not resign over allegations of mortgage fraud, he will fire her. Trump told the media on Friday, "If she does not resign, I will fire her." His statement further intensifies pressure on the Federal Reserve, as Trump has been criticizing the central bank for months for maintaining unchanged interest rates. Trump had previously called for Cook to resign on Wednesday, as his staunch supporter and Federal Housing Finance Agency Director Bill Pulte accused her of fraudulently obtaining a mortgage by lying to secure favorable terms during the loan application process. Cook later responded that she will not resign under bullying.