The Associated Press
WASHINGTON (AP) — The U.S. Justice Department urged a federal judge on Thursday to allow the immediate removal of Federal Reserve Governor Lisa Cook while she fights to keep her job, dismissing as “baseless” Cook’s claim that the president is attempting to fire her so that he can seize control of the independent central bank.
Trump said he was firing Cook on Aug. 25 after one of his appointees alleged that she committed mortgage fraud related to two properties she purchased in 2021, before she joined the Fed. Cook is accused of falsely listing two properties as “primary residences.” Down payment requirements are often more lenient and mortgage rates lower for primary residences versus a second home or investment property.
In a filing in U.S. District for Washingto