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Story perspectives

Lisa Cook Reinstated to Fed; $1.3 M Reimbursed, Fraud Claim

6/19/2026

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Story summary
  • Lisa Cook was reinstated to the Federal Reserve after President Donald Trump fired her, with her case before the Supreme Court.
  • Two nonprofits reimbursed her for over $1.3 million in legal and security fees.
  • Bill Pulte, director of the Federal Housing Finance Agency, accused Cook of mortgage fraud for labeling a second home her primary residence.