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Trump Orders White House Inquiry Into Fed Governor Lisa Cook Over Mortgage Fraud Claims

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Trump Orders White House Inquiry Into Fed Governor Lisa Cook Over Mortgage Fraud Claims

Here is what the page “Trump Orders White House Inquiry Into Fed Governor Lisa Cook Over Mortgage Fraud Claims” contains. President Donald Trump announced on Tuesday that the White House will launch an investigation into unsubstantiated allegations of mortgage fraud against Federal Reserve Governor Lisa D. Cook, with a hearing planned for next month. The president's statement, made without providing evidence, targets one of the few Black women ever to serve on the Fed's Board of Governors, raising immediate concerns about political pressure on the central bank's independence.

Cook, a respected economist and former professor at Michigan State University, has not been charged with any crime and has denied any wrongdoing. The White House did not specify which agency would lead the inquiry or what specific transactions were under scrutiny. Critics argue the move is part of a broader effort to reshape the Fed and intimidate policymakers who may resist the administration's economic agenda. The full version stays on the original page, which this listing opens directly.

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