President Donald Trump called on Federal Reserve Governor Lisa Cook to resign after a staunch ally called for an investigation of the board member’s mortgages, ramping up pressure on the central bank...

FOX Business correspondent Edward Lawrence reports on allegations that Federal Reserve Board of Governors member Lisa Cook engaged in mortgage fraud as President Donald Trump calls for her resignation...

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