THE WHITE HOUSE
WASHINGTON
August 25, 2025
Dr. Lisa D. Cook dinner
Member
Board of Governors
United States Federal Reserve System
twentieth Avenue & Structure Avenue, N.W. Washington, D.C. 20551
Expensive Governor Cook dinner:
Pursuant to my authority beneath Article II of the Structure of the US and the Federal Reserve Act of 1913, as amended, you might be hereby eliminated out of your place on the Board of Governors of the Federal Reserve, efficient instantly.
The Federal Reserve Act gives that you could be be eliminated, at my discretion, for trigger. See 12 U.S.C. § 242. I’ve decided that there’s adequate trigger to take away you out of your place.
As set forth within the Prison Referral dated August 15, 2025, from Mr. William J. Pulte, Director of the Federal Housing Finance Company, to Ms. Pamela Bondi, Legal professional Common of the US (“Prison Referral”) (connected to this letter as Exhibit A), there’s adequate cause to imagine you’ll have made false statements on a number of mortgage agreements. For instance, as detailed within the Prison Referral, you signed one doc testifying {that a} property in Michigan could be your major residence for the following 12 months. Two weeks later, you signed one other doc for a property in Georgia stating that it will be your major residence for the following 12 months. It’s inconceivable that you weren’t conscious of your first dedication when making the second. It’s unimaginable that you just supposed to honor each.
The Federal Reserve has large accountability for setting rates of interest and regulating reserve and member banks. The American individuals should have the ability to have full confidence within the honesty of the members entrusted with setting coverage and overseeing the Federal Reserve. In mild of your deceitful and probably legal conduct in a monetary matter, they can not and I would not have such confidence in your integrity. At a minimal, the conduct at concern displays the type of gross negligence in monetary transactions that calls into query your competence and trustworthiness as a monetary regulator.
