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Lisa Cook: Mortgage ‘contradictions’ don’t justify removal from Federal Reserve
Lisa Cook denies mortgage fraud allegations linked to primary residence claims and challenges her firing, arguing due process was not followed and citing prior disclosure during her 2022 confirmation.
- Federal Reserve Governor Lisa Cook filed for an injunction to prevent President Donald Trump from removing her from her position in 2025.
- Trump dismissed Cook based on a criminal referral alleging mortgage fraud, though Cook denied these claims and has not been charged.
- Cook's attorneys argued that alleged discrepancies in her property residence designations predated her nomination and do not justify removal for cause.
- Attorneys said she lacked due process and cited the 1935 Humphrey's Executor case, which protects independent agency officials from politically motivated firing.
- Republican senators declined to consider replacements until courts resolve Cook's lawsuit, keeping her active as a Fed governor amid ongoing legal proceedings.
41 Articles
41 Articles
Pioneer Press
DOJ calls Lisa Cook’s claim that Trump seeks her ouster to control Fed ‘baseless’
The Associated Press WASHINGTON (AP) — The U.S. Justice Department urged a federal judge on Thursday to allow the immediate removal of Federal Reserve Governor Lisa Cook while she fights to keep her job, dismissing as “baseless” Cook’s claim that the president is attempting to fire her so that he can seize control of the independent central bank. Related Articles Social Security praises its new chatbot. Ex-officials say it was test…
'It’s dubious': Republican senators defy Trump in war on Fed official
An appointee of President Donald Trump helped give him ammo to remove Federal Reserve Governor Lisa Cook based on possibly flimsy mortgage fraud accusations, and Republican senators are expressing reluctance to pursue her removal or appoint a replacement.CNBC reported Wednesday that Sens. Mike Round...
Thom Tillis: I Won’t Consider a Replacement for Fed Governor Lisa Cook
Republican Sen. Thom Tillis told reporters Wednesday on Capitol Hill that he would not vote on a replacement for fired Federal Reserve governor Lisa Cook until her legal challenge plays out in court. “I’m not going to consider anybody until that’s been adjudicated,” Tillis said, as first reported by Politico. “I’m going to leave it to the courts to decide whether or not it’s legal,” the retiring North Carolinian continued. “But if in fact it is …
Fed Governor Cook says mortgage 'contradictions' do not justify removal by Trump
Federal Reserve Governor Lisa Cook on Tuesday laid out in greater detail her opposition to President Donald Trump's bid to remove her from office, saying it was too late to fire her for mortgage information she disclosed during her confirmation process.
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