Archive · 5 Sep 2025

DoJ Opens Fraud Probe into Fed Governor Lisa Cook Amidst Political Tensions

DoJ Opens Fraud Probe into Fed Governor Lisa Cook Amidst Political Tensions

The U.S. Department of Justice is investigating Lisa Cook, a Federal Reserve governor, due to claims she may have lied on a mortgage application.

These claims originated from Donald Trump.

The investigation started amid tension between Trump and the Federal Reserve.

Cook denies any wrongdoing and plans to stay in her role.

Her lawyer argues the probe is politically motivated and is part of an attempt to undermine the independence of the Federal Reserve.

Sources