Fed’s Cook Says She Won’t Be Bullied Into Stepping Down (5)

Federal Reserve Governor Lisa Cook signaled her intention to remain at the central bank, defying calls for her resignation by President Donald Trump over allegations of mortgage fraud.

“I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” Cook said in an emailed statement via a Fed spokesperson. “I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.”

Fed Governor Lisa Cook

Photographer: Al Drago/Bloomberg

Federal Housing Finance Agency ...