A new report says the president might try to fire Cook, the first woman of color to sit on the Federal Reserve Board of Governors.

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,

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."