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The Independent UK
The Independent UK
National
Christopher Rugaber and Brian Slodysko

Fed's Cook blasts mortgage fraud allegations against her as 'baseless' in letter to AG Bondi

Lisa Cook Bill Pulte Abbe Lowell Donald Trump US Federal Reserve Cambridge Fannie Mae Freddie Mac Justice Department

In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mortgage fraud.

President Donald Trump used the accusation as a basis to seek her firing, the first time a president has sought to remove a Fed governor in the central bank's 112-year history.

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