The U.S. Department of Justice has begun criminal investigations into mortgage fraud claims Fed Gov. Lisa Cook is the lawsuit she filed against Donald Trump, according to new reports.
The Justice Department’s lawyers have issued subpoenas to investigate. Wall Street Journal.
Last month, Trump Move the fire In the unproven circumstances, the chef claimed that she listed two properties as her primary residence. Bill Pulte, a director of federal housing and financial institutions and a close ally of Trump, allegedly Cook lied about bank documents and records to obtain higher mortgage rates.
Cook, a voter on the Fed committee that sets interest rates, said she had “no intention to bully” and that she would “take my financial history seriously.”
In response to Trump’s rejection of her bid, Cook made litigation Oppose Trump argued that her removal was unconstitutional and threatened the Fed’s independence. Cook’s lawyers believe that the firing is “unprecedented and illegal” and federal law requires that “cause” be raised before the dismissal is removed.
“Before the Senate confirmation, Governor Cook’s unconfirmed allegations regarding a private mortgage application were not [cause],” her attorney said in court documents.
In court documents, attorney Cook suggested that the differences found in her mortgage records could be “cleist errors.”
Cook was appointed to the board of directors by Joe Biden in 2022 for 14 years, and the board is scheduled to end in 2038. She was the first black woman to be appointed to the board of directors.
U.S. District Court Judge Jia Cobb Hearing an argument Regarding last week’s lawsuit, she said she would speed up the case, which is ultimately expected to be filed by the Supreme Court.
Trump’s attack on Cook is historically seen as nonpartisan in the context of a long battle between the White House and the Fed.
Earlier this year, Trump threaten Firefighting Chairman Jerome Powell did not lower interest rates but eventually withdrew his threat after a negative reaction from investors. Trump also tries to accuse Powell of fraud Renovation At the Fed’s headquarters, the cost is higher than expected.
“The Justice Department has nothing to do with a new politicized investigation,” Cook’s attorney Abbe Lowell told the Wall Street Journal. The Justice Department did not immediately respond to a guardian’s request for comment.
This is the third mortgage fraud investigation initiated by the Justice Department against Democratic and Democratic-appointed officials. Experts call this model “lawWhen Trump and his allies hired other officials.
Last month, U.S. Attorney General Pam Bondi appointment A special lawyer investigates the White House’s charges of similar mortgage fraud against California Senator Adam Schiff and New York Attorney General Letitia James.

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