Trump Considers Firing Fed Official After Allegation of Mortgage Fraud

P.M. Edition for Aug. 20. The president called on Federal Reserve governor Lisa Cook to resign after a housing official alleged she submitted what he called fraudulent information. Economics reporter Matt Grossman discusses how the accusations represent the latest escalation of the White House’s attacks on the central bank. And Wall Street editor Cara Lombardo reports on the billionaire Bill Ackman’s new pet project—the Alpha School makes full use of artificial intelligence while rejecting lessons on diversity, equity and inclusion. Plus, the previously undisclosed North Korean site that could store long-range ballistic missiles capable of striking the U.S. mainland. Pierre Bienaimé hosts.

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