President Trump announced that he was removing Federal Reserve Board member Lisa Cook for mortgage fraud, though this has yet to be proven in the judicial system. The allegation is in some ways an echo of what Trump was found liable for in a New York civil case in 2024.
Trump’s Allegations Against Lisa Cook in Some Ways Echo His Own Legal Fight
President Trump, during his campaign for a second term, was accused of fraudulently inflating his net worth in order to get better rates on bank loans.