Trump tries again to remove Lisa Cook
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Federal Reserve governor Lisa Cook’s lawyers told the White House that she did not knowingly commit fraud, denying that she falsified mortgage documents, as President Donald Trump has claimed in his attempt to fire her.
Legal counsel for Federal Reserve Governor Lisa Cook pushed back sharply on the White House’s latest attempt to remove her from her post, pointing to the president’s own past financial filings on his properties to argue she never committed mortgage fraud.
A lawyer for Federal Reserve Governor Lisa Cook told the White House on Wednesday that allegations Cook committed mortgage fraud before joining the Fed are “unfounded and untrue.” As a result,
Federal Reserve governor Lisa Cook said the Trump administration has no legal basis to remove her from the central bank's governing board in a letter late Wednesday responding to renewed threats from the White House.
Federal Reserve Governor Lisa Cook pushed back on President Donald Trump's revived effort to remove her from the central bank. Allegations of mortgage fraud lodged against Cook by the Trump administration "remain unfounded and untrue," attorney Abbe Lowell ...