Fed's Cook denies fraud allegations, lawyers call it a "witch hunt"
2025-11-17 19:40:43
According to the Wall Street Journal, lawyers for Federal Reserve Governor Cook on Monday offered a detailed defense of her mortgage application for the first time, arguing that the apparent discrepancies in the loan documents were either accurate at the time or were "inadvertent markers" and could not amount to fraud given other information disclosed to the lender. The Supreme Court has currently blocked Trump's attempt to remove her from office and will hear arguments in January. In the letter to the attorney general, Cook's lawyers also accused U.S. Federal Housing Finance Agency (FHFA) Director Poulter of selectively targeting Trump's political opponents while ignoring similar allegations against Republican officials.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
