LANSING, Mich. (WLNS) — President Donald Trump mentioned Friday he’ll fireplace Federal Reserve Governor and Michigan State College professor of economics Lisa Prepare dinner over mortgage-fraud allegations if she refuses to resign.
“Yeah, I’ll fire her if she doesn’t resign,” Trump instructed reporters. “What she did was bad. So I’ll fire her if she doesn’t resign.”
Trump first known as for Prepare dinner’s resignation on Wednesday after Federal Housing Finance Company Director Invoice Pulte, a Trump ally, accused her of claiming two totally different major residences. In a sequence of posts on social media platform X, Pulte shared paperwork bearing Prepare dinner’s signature for a Michigan house and one other described as an “Atlanta condo.”
Trump calls on MSU professor to resign from Fed over mortgage fraud accusations
Prepare dinner mentioned she wouldn’t be “bullied” into leaving her put up, which might give Trump the flexibility to nominate her substitute.
“I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” she mentioned in an announcement. “I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.”
A president could take away Federal Reserve governors for trigger, however it’s unclear whether or not the allegations alone would rise to that threshold.
Prepare dinner is presently on unpaid depart from MSU.