The information came after Trump said he had “sufficient cause” to fire her. The official is awarded “mortgage fraud” by having two properties in different states.
After being fired by the US president Donald Trump, the Governor of the US Federal Reserve, Lisa Cook He raised a lawsuit and this could appear this Wednesday. The information, which was given by the CNBC chain, came after Trump said in a letter to Cook this Monday than He had “enough cause” to fire her.
USA Federal Reserve
US Federal Reserve: Lisa Cook’s demand against Donald Trump could appear this Wednesday
Both properties appear as Main residences in mortgage requests Before joining the Fed in 2022. In response, Cook’s lawyer said that the governor of the Central Bank Board would file a lawsuit to prevent Trump from saying goodbye.
In 2022, Cook became the first black woman to integrate the Board of the Federal Reserve, appointed by President Joe Biden. Now, His mandate, which had to extend until January 2038, could remain in the hands of the courtsafter Cook’s lawyer announced that he will file a lawsuit to challenge Trump’s dismissal attempt.
Donald Trump fired the governor of the Fed in the midst of accusations of mortgage fraud
The President Donald Trump He fired the governor of the Federal Reserve MondayLisa Cookin a marked climbing of his attempt to exercise a greater control over a historically independent institution. In a letter published on its social truth platform, he reported that the decision was due to the accusations of Mortgage fraud against the official.
The accusations had been launched last week by Bill pultedesignated by Trump at the head of the agency that regulates the mortgage giants Fannie Mae and Freddie Mac. About said that Cook declared two main residences in 2021 – one in Ann Arbor, Michiganand another in Atlanta– To obtain better mortgage conditions, when rates are usually higher for second homes or properties for rent.
Source: Ambito
