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GAO to Investigate Allegations Against Fed Governor and Officials

12/4/2025

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Story summary
  • Government Accountability Office has accepted a request to investigate Pulte's allegations that Federal Reserve Governor Lisa Cook, Sen. Adam Schiff, and Attorney General Letitia James misled lenders on mortgage applications.
  • All three officials deny wrongdoing.
  • A federal judge recently dismissed charges against Letitia James.
  • Cook has rebutted the allegations in a case about U.S. President Donald Trump's firing attempt, with the Supreme Court set to hear it January 21, 2025.