Washington —

The Justice Department is investigating Federal Reserve governor Lisa Cook to probe whether she submitted fraudulent mortgage applications, according to the Associated Press.

DOJ investigators have begun issuing subpoenas as part of the probe, the AP reported, citing a person familiar with the matter who was not authorized to discuss the probe and spoke on condition of anonymity.

President Donald Trump last week said he had fired Cook from her post on the central bank’s powerful board — the first time a Fed governor has ever been fired — citing allegations first raised by Federal Housing Finance Agency Director Bill Pulte, who referred the matter to the Justice Department.

Pulte alleges that Cook claimed two properties — a home in Ann Arbor, Michigan, and a condo in Atla

See Full Page