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Fed’s Cook blasts mortgage fraud allegations against her as ‘baseless’ in letter to AG Bondi
Cook’s lawyers say allegations rely on selective excerpts and emphasize full loan records show no fraud, urging the Justice Department to end its inquiry.
- Federal Reserve Governor Lisa Cook's lawyers disputed allegations of mortgage fraud, calling them 'baseless' in a letter to Attorney General Pam Bondi.
- President Donald Trump sought Cook's removal, marking the first time a president aimed to fire a Fed governor in over a century.
- The Supreme Court ruled that Cook could remain in her position while litigating against the allegations, with hearings set for January.
- Cook's attorney argued that there is 'no fraud, no intent to deceive, nothing whatsoever criminal' regarding the allegations against her.
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Lawyers for Lisa Cook Call Mortgage Fraud Allegations ‘Baseless’ and an Effort by Trump To Undermine the ‘Independence of the Federal Reserve’
Prosecutors have ‘ignored’ similar mortgage fraud accusations raised against Trump-aligned Republicans, Cook’s lawyers argue.
·New York, United States
Read Full ArticleFed's Cook tells Bondi there's 'nothing' to mortgage fraud concerns
Federal Reserve Governor Lisa Cook accused the Trump administration on Monday of “cherry-picking” evidence alleging she committed mortgage fraud. In a letter to Attorney General Pam Bondi, Cook’s legal team expressed concern that the two criminal referrals Federal Housing Finance Agency Director Bill Pulte sent to the Justice Department, alleging fraud, lack a proper basis. “Director Pulte’s referrals clearly omit numerous key records … that re…
·Washington, United States
Read Full ArticleCoverage Details
Total News Sources97
Leaning Left20Leaning Right5Center56Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 25%
C 69%
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