Update (2330ET): Former Fed governor Lisa Cook says she will not resign, the Washington Post reports, citing a statement from Cook.
“President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so,” Cook said through a spokeswoman: WaPo
“I will continue to carry out my duties to help the American economy as I have been doing since 2022,” Cook said
Good luck with that plan when the FBI turns up tomorrow at your place of work.
Promises made… promises kept…
On Friday, President Trump warned that he would fire Federal Reserve Governor Lisa Cook who allegedly “falsified bank documents and property records to acquire more favorable loan terms” if she didn’t resign…
She immediately played the victim card, claiming she “would not be bullied”.