Lisa Cook

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Files Undercut Trump Case to Remove Cook From Fed

Documents show Fed governor referring to condo as a vacation home

(Newser) - Federal Reserve Governor Lisa Cook referred to a condominium she purchased in June 2021 as a vacation home in a loan estimate, a characterization that could undermine claims by the Trump administration that she committed mortgage fraud. President Trump has sought to fire Cook "for cause," relying on...

Court: Lisa Cook Can Stay at Fed for Now

Federal court rules that embattled governor can keep her job while she fights Trump over firing her

(Newser) - A federal court ruled Tuesday that embattled Federal Reserve Governor Lisa Cook can remain in her position while she fights President Trump's efforts to fire her. The ruling, which the AP reports will almost certainly be appealed, is a blow to the Trump administration's efforts to assert more control over...

Chief Justice Lets Trump Remove FTC Member—for Now

Case of Rebecca Slaughter is the latest before the Supreme Court dealing with 'Humphrey's Executor'

(Newser) - Chief Justice John Roberts on Monday let President Trump remove a member of the Federal Trade Commission, the latest in a string of high-profile firings allowed for now by the Supreme Court. Trump first moved to fire Rebecca Slaughter in the spring, reports the AP , but she sued and lower...

FHFA Chief Is Having a 'Pot, Meet Kettle' Moment

Records show Pulte's family claimed same tax breaks that he's slamming Fed governor for

(Newser) - Bill Pulte, a federal housing official, has publicly accused Federal Reserve Governor Lisa Cook of improperly claiming homestead exemptions—tax breaks for owners on their primary residence—on more than one property. However, a Reuters investigation found that Pulte's own father and stepmother, Mark and Julie Pulte, have...

3 Trump Cabinet Members May Have Mortgage Issues

ProPublica reports on multiple primary-residence loans, the same issue used against foes

(Newser) - The Trump administration has been going after political foes with accusations of mortgage fraud , to which a Fed governor , a US senator, and the attorney general of New York can attest. But an investigation by ProPublica finds that three members of President Trump's own Cabinet might be similarly accused....

Report: DOJ Launches Fraud Probe of Fed Governor

Lisa Cook investigation follows Trump-backed claims of mortgage application fraud

(Newser) - The Justice Department has launched a fraud probe into Federal Reserve Governor Lisa Cook, following accusations that she falsified documents to secure a mortgage, sources tell the New York Times and the Wall Street Journal . The investigation, still in the early stages, involves the issuing of subpoenas and focuses...

Embattled Fed Governor Sues Trump Administration

Lisa Cook's complaint says her firing is unjustified

(Newser) - The Federal Reserve governor fighting to keep her job has followed through on plans to sue the Trump administration. Lisa Cook on Thursday asked the US District Court in DC to block her firing by President Trump, reports the Washington Post . Among other things, Cook argued that the allegations of...

In Trump's Attempted Firing of Fed Gov, a 'Legal Gray Area'

Lisa Cook's fight for her job seems likely to head to Supreme Court

(Newser) - President Trump's fight to get rid of a Federal Reserve governor doesn't look to be over anytime soon—and likely will end up in front of the highest court in the land. That's per ABC News , which notes that "no president has ever tried to terminate...

Fed Governor Plans to Sue Trump to Keep Her Post

Lisa Cook is fighting for her job

(Newser) - Federal Reserve governor Lisa Cook plans to fight back against President Trump by borrowing one of his favorite tactics: a lawsuit. Trump's attempt to fire Cook, which he announced on Monday , "lacks any factual or legal basis," said her attorney, Abbe Lowell, reports CNN . "We will...

Fired Fed Governor: I'm Not Leaving
Fired Fed Governor:
I'm Not Leaving

Fired Fed Governor: I'm Not Leaving

Lisa Cook will challenge President Trump's authority to remove her

(Newser) - Let the legal fight begin: After President Trump informed Federal Reserve governor Lisa Cook on Monday night that he was firing her , Cook has responded by saying she's not going anywhere.
  • "President Trump purported to fire me 'for cause' when no cause exists under the law, and
...

Trump to Fed Governor Lisa Cook: You're Fired

Move is a first in central bank's history

(Newser) - President Trump announced late Monday that he's ousting Federal Reserve governor Lisa Cook, citing allegations that she misrepresented her primary residence on mortgage paperwork. The claims, raised by Federal Housing Finance Agency chief Bill Pulte, center on Cook's 2021 mortgage applications for homes in Michigan and Atlanta—...

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