Judge Blocks Trump’s Attempt to Remove Fed Governor Lisa Cook Over Mortgage Dispute

Federal Reserve Governor Lisa Cook has successfully countered allegations of mortgage fraud in a legal battle with former President Donald Trump. Court documents reveal Cook declared her Atlanta property as a "vacation home" in 2021 loan paperwork, contradicting claims she misrepresented her primary residence.

The Biden administration's national security questionnaire from December 2021 further supports Cook's position, listing the Atlanta home as her secondary residence. WHITE House and Federal Housing Finance Agency officials have yet to publicly defend their initial fraud allegations against the central banker.

This development stalls Trump's recent effort to oust Cook "for cause" based on accusations led by administration official Bill Pulte. The case highlights ongoing tensions between political appointees and Federal Reserve leadership during presidential transitions.