Federal Reserve Governor Lisa Cook testifies during a Senate Banking nomination hearing on June 21, 2023 in Washington, DC. Drew Angerer/Getty Images
Federal Reserve Governor Lisa Cook is accused of falsely claiming two homes as her primary residence to secure better mortgage terms. But documents reviewed by CNN show that Treasury Secretary Scott Bessent and Labor Secretary Lori Chavez-DeRemer did the same — taking out two mortgages in one year, appearing to list both homes as primary residences.
Yet Cook is the only one under investigation by the Trump administration for mortgage fraud.
On paper, the mortgage documents may seem to raise red flags, since a borrower isn’t supposed to hold two principal-residence mortgages at once. But while their situations differ, all three deny wro