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Fed Governor Cook Under Investigation for Mortgage Fraud

9/13/2025

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Summary

Story summary

Federal Reserve Governor Lisa Cook faces mortgage fraud accusations related to her Atlanta home purchase from the Trump administration.
A loan estimate reveals she labeled the property as a "vacation home," conflicting with her primary residence claims.
Bill Pulte referred the case to the Justice Department, initiating a federal investigation.
Cook denies wrongdoing and has sued Trump over her dismissal.
Property records show she did not seek a tax exemption for the home as a primary residence.

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Story summary

Federal Reserve Governor Lisa Cook faces mortgage fraud accusations related to her Atlanta home purchase from the Trump administration.
A loan estimate reveals she labeled the property as a "vacation home," conflicting with her primary residence claims.
Bill Pulte referred the case to the Justice Department, initiating a federal investigation.
Cook denies wrongdoing and has sued Trump over her dismissal.
Property records show she did not seek a tax exemption for the home as a primary residence.