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US Fed Governor Cook responds to mortgage fraud allegations

17 November 2025
in World
US Fed Governor Cook responds to mortgage fraud allegations
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Lisa Cook’s lawyer has defended her against criminal referrals alleging mortgage fraud, asserting that discrepancies in loan documents were either accurate or minor errors that do not constitute fraud. Cook has denied any wrongdoing and is contesting her removal from the Federal Reserve, which the Supreme Court has temporarily blocked pending a hearing in January. The lawyer criticized the referrals as lacking evidence of intentional deception and suggested political bias in their targeting. Meanwhile, the Department of Justice is investigating similar allegations against other public figures, including Senator Adam Schiff.

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Tags: AllegationsBanksBusiness and EconomyCookcourtsEconomyFedfraudGovernorHousingmortgageNewsPoliticsRespondsUnited StatesUS & Canada
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