Cook Pushes Back Against Trump's Repeated Threats to Fire Her
Federal Reserve Governor Lisa Cook has pushed back against renewed threats from the White House to fire her, citing a lack of legal basis for such action.
The allegations against Cook stem from mortgage applications in which she declared two homes as 'primary residences', potentially receiving lower interest rates or down payments than second homes would have received. However, Cook maintains that any errors were unintentional and did not rise to the level justifying her removal.
Cook's attorneys pointed out that even if there was an 'inadvertent error' in paperwork, it does not constitute mortgage fraud, as Trump's administration has alleged.