A Department of Justice official tasked with investigating Federal Reserve Governor Lisa Cook on Thursday urged Chair Jerome Powell to proactively remove her from the board.

The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board in a letter sent Thursday.

CNBC's Sara Eisen shares details from a Department of Justice letter addressed to Federal Reserve Chair Jerome Powell signaling further scrutiny of Fed Governor Lisa Cook.

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday.

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.

President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is "hurting" the housing industry "very badly" and repeated his call for a big cut to U.S. interest rates. "Could somebody please inform Jerome "Too Late" Powell that he is hurting the Housing Industry,

President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.

President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign after a top administration official urged a federal probe related to a pair of mortgages. Trump — who has consistently pressured Federal Reserve Chair Jerome Powell to lower interest rates — posted a link to a Bloomberg News story about the director of the Federal Housing Finance Agency urging U.