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US Justice Department launches criminal mortgage fraud probe into Fed Governor Cook
- In 2025, the U.S. Justice Department began investigating Federal Reserve Governor Lisa Cook for alleged mortgage fraud, issuing grand jury subpoenas in both Georgia and Michigan as part of the inquiry.
- The investigation follows a criminal referral from Bill Pulte, who accused Cook of listing multiple properties as primary residences during her 2022 Fed appointment vetting.
- Cook denies committing mortgage fraud, says Trump has fabricated the scandal, and believes he aims to fire her to appoint another person to the Fed board of Governors.
- Ed Martin, appointed special assistant U.S. attorney, leads the probe, while Republicans refuse to hold a hearing for a new appointee until allegations are adjudicated.
- The case challenges the Fed's independence and could influence interest rate policy amid Trump's demands for aggressive rate cuts and recent weak economic data.
135 Articles
135 Articles
The Times of Northwest Indiana
DOJ investigates Cook's alleged mortgage fraud
WASHINGTON — The Justice Department started examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who challenged a Trump administration effort to remove her from her job in a move she says is designed to erode the central…
DOJ opens mortgage-fraud probe into Lisa Cook, source says
The Justice Department has begun examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who is challenging a Trump administration effort to remove her from her job in a move she says is designed to erode the central bank’s independence. Investigators have issued subpoenas as part of an inquiry into Cook that was spawned by a criminal referral from the country’s top housing regulator, according to a person familiar w…
The Department of Justice initiated an investigation into the allegations of mortgage fraud against Lisa Cook, governor of the Federal Reserve (Fed), who is challenging the federal government's efforts to remove her from office, which she claims is a measure aimed at undermining the independence of the central bank. Investigators have issued subpoenas as part of a search around Lisa Cook, which is derived from a criminal appeal by the country's …
Justice Department launches criminal investigation into Fed’s Lisa Cook for mortgage fraud
By Bryan Mena, CNN Washington (CNN) — The Justice Department is investigating Federal Reserve governor Lisa Cook to probe whether she submitted fraudulent mortgage applications, according to the Associated Press. DOJ investigators have begun issuing subpoenas as part of the probe, the AP reported, citing a person familiar with the matter who was not authorized to discuss the probe and spoke on condition of anonymity. President Donald Trump last …
The Billings Gazette
Columbus TelegramDOJ investigates Cook’s alleged mortgage fraud
WASHINGTON — The Justice Department started examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who challenged a Trump administration effort to remove her from her job in a move she says is designed to erode the central…
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