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."

The big picture: Top housing regulator Bill Pulte is accusing Fed governor Lisa Cook of mortgage fraud. President Trump is considering firing her for cause, per The Wall Street Journal, and called for her resignation on Truth Social.

Trump cited a letter from Federal Housing Finance Agency head Bill Pulte that encouraged Attorney General Pam Bondi to investigate Cook over unsubstantiated claims of fraud related to two