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Lisa Cook’s Attorneys Deny Mortgage Fraud, Fight Removal

8/28/2026

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Lisa Cook Denies Fraud

Reserve Governor Lisa Cook’s attorneys sent a White House letter denying mortgage-fraud allegations and asserting no basis for her removal.
Their argument says the accusations lack evidence and that firing Cook would breach Supreme Court’s June 2026 due-process ruling for Fed governors.
Aug. 5 Dan Scavino letter accused Cook of falsifying listings for Ann Arbor and Atlanta homes.
Attorney Abbe Lowell called the dual filings a clerical error caused by lender forms.

Right

Cook Denies Fraud

Federal Reserve Governor Lisa Cook’s attorneys sent a letter to the White House denying she knowingly committed mortgage fraud and asserting no basis for removal.
The lawyers accused President Donald Trump of using the case to force the Federal Reserve to bend to his will.
The letter was signed by attorneys Abbe Lowell and Norm Eisen.
They warned they would contest any illegal removal, citing the Supreme Court’s due-process ruling.

History

Historical Context

In 1988 the Supreme Court issued an unanimous 8-0 ruling in Morrison v. Olson, holding that Congress may limit the president’s power to remove independent officers. Lisa Cook’s lawyers now cite that precedent to argue Trump’s attempt to dismiss a Federal Reserve official violates the same due-process protections, requiring impeachment for removal.

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Lisa Cook Denies Fraud

Reserve Governor Lisa Cook’s attorneys sent a White House letter denying mortgage-fraud allegations and asserting no basis for her removal.
Their argument says the accusations lack evidence and that firing Cook would breach Supreme Court’s June 2026 due-process ruling for Fed governors.
Aug. 5 Dan Scavino letter accused Cook of falsifying listings for Ann Arbor and Atlanta homes.
Attorney Abbe Lowell called the dual filings a clerical error caused by lender forms.

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