Justice Department signals probe of Fed Governor Lisa Cook, as housing official says a third property is now under scrutiny

Washington —

A Justice Department official is set to probe Federal Reserve Governor Lisa Cook after she was accused by a member of President Donald Trump’s administration of committing mortgage fraud , according to a letter sent Thursday to Fed Chair Jerome Powell.

The letter, seen by CNN, was written by Ed Martin, a lawyer at the department who’s tasked with investigating mortgage fraud. Martin said the situation “requires further examination.”

In a letter dated August 15, Federal Housing Finance Agency Director Bill Pulte said that Cook claimed two properties — a home in Michigan and a condo in Atlanta — as her primary home addresses. On Thursday, he said on social media the administration is “probing a 3rd property owned by Cook.”

Pulte, a vocal Trump ally, said in an interview