Politics9/2/2025•Bloomberg
Cook Blasts Trump’s ‘Cut-and-Paste’ Mortgage Fraud Claims
In a response to President Donald Trump's attempt to remove Federal Reserve Governor Lisa Cook, her lawyer strongly criticized the accusations as being based on "cut-and-paste" allegations of mortgage fraud from social media posts. The lawyer stated that these claims are baseless and do not constitute legitimate grounds for her removal from the position. The dispute highlights the ongoing tensions between the Biden administration's nominees for the Federal Reserve and the former president's efforts to influence the central bank's leadership.
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