Bank documents challenge Trump's mortgage fraud allegations against Lisa Cook
President Trump is trying to remove Federal Reserve board member Lisa Cook over allegations that she falsified mortgage documents for her secondary home.
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Federal Reserve Governor Lisa Cook is defending herself against mortgage fraud accusations. Documents from NBC News show that Cook was honest about her Atlanta property being a vacation home, not her primary residence.
Bank records from 2021 clearly listed the property as a 'vacation home,' and Cook described it as a '2nd home' in official government forms. Trump and housing officials claim she lied to get better loan terms, leading Trump to attempt firing her from the Federal Reserve. A federal judge has temporarily blocked her removal while the legal case continues.
Cook maintains her innocence throughout the dispute.
Original Article
nbcnews.comhttps://www.nbcnews.com/politics/trump-administration/lisa-cook-federal-reserve-bank-documents-mortgage-fraud-allegations-rcna230964