Archive · 18 Nov 2025
Fed's Lisa Cook Defends Against Mortgage Fraud Allegations
Lisa Cook, a governor at the Federal Reserve, is fighting against claims that she committed mortgage fraud.
She says the claims are not true and that the evidence against her is misleading.
The Supreme Court will decide if she can keep her job or not in January.
Lisa Cook, a Federal Reserve Governor, contests mortgage fraud allegations by President Trump and US officials
Cook's attorney Abbe Lowell sent a letter to Attorney General Pam Bondi and Ed Martin, calling the allegations 'baseless'
Lowell argues that discrepancies in loan applications were not contradictions but incomplete snippets
Cook has not been charged and maintains her position at the Federal Reserve pending Supreme Court hearing on Jan. 21
The outcome of the case may impact White House control over the Fed and interest rate decisions
- Who
- Lisa Cook, Federal Reserve Governor, President Donald Trump, Attorney General Pam Bondi, Ed Martin
- What
- Contesting mortgage fraud allegations
- When
- Aug. 25, 2021 - present, Supreme Court hearing on Jan. 21, 2022
- Where
- United States
- Why
- To determine the extent of White House control over the Fed and interest rate decisions
Cook's Defense
Trump's Allegations
Loan Application Discrepancies
Cook's Defense
Incomplete snippets, not contradictions
Trump's Allegations
Cook lied on mortgage applications
- Position
- Federal Reserve Governor
- Allegation
- Mortgage fraud
- Accuser
- President Donald Trump and US officials
- Court Date
- Jan. 21, 2022
- Pending Decision
- Supreme Court ruling on Cook's removal