Federal Reserve Governor Lisa Cook has announced she is not resigning, despite allegations of mortgage fraud made by the Federal Housing leader on X.

Cook responded to Pulte in a statement, "I have no intention of being bullied to step down from my position because of some questions raised in a tweet."

Federal Reserve governor Lisa Cook on Wednesday defied President Donald Trump’s calls for her to resign in light of accusations that she had committed mortgage fraud. Cook was appointed by former President Joe Biden to sit on the Fed,