MarketWatch
Fed’s Lisa Cook denies committing mortgage fraud, says Trump has no grounds to remove her from office
Thursday, August 27, 2026
Federal Reserve Governor Lisa Cook denied committing mortgage fraud on January 15, 2026, according to her legal counsel. Cook's lawyer stated she made an inadvertent error when listing her Atlanta apartment as a primary residence on a mortgage application. The statement came in response to calls from some officials for her removal from office. Cook has served as a Federal Reserve Governor since 2022.
