Fed’s Cook declared second house as vacation home, Reuters says
A 2021 loan document reviewed by Reuters shows Federal Reserve Governor Lisa Cook declared an Atlanta home she purchased as a “vacation home,” appearing to contradict the Trump administration’s claims that she committed mortgage fraud.
The May 28, 2021, loan estimate was issued by a credit union to Cook weeks before she ultimately purchased the home. The document shows she told the lender that the property wouldn’t be her primary residence. That appears to contradict other documentation cited by critics in the Trump administration, two real estate experts told Reuters.
Cook sued President Donald Trump last month after he moved to oust her over allegations of mortgage fraud. The lawsuit has emerged as a major flash point in the growing clash between the White House and the Fed, which has resisted Trump’s demands to lower interest rates.
An appeals court asked for written arguments over the weekend before the Fed’s upcoming vote on interest rates, suggesting a decision as soon as Sunday evening.
More Stories
Flatley: Congress letting online predators walk free
After watching the House Energy & Commerce hearing on “protecting kids online,” I was reminded that Congress is debating the wrong crisis....
Today in History: December 6, 13th Amendment ratified, abolishing slavery
Today is Saturday, Dec. 6, the 340th day of 2025. There are 25 days left in the year. Today in...
Ucranianas asumen roles de combate a medida que la tecnología cambia el campo de batalla
Por HANNA ARHIROVA JÁRKIV, Ucrania (AP) — Cuando comenzó la invasión rusa a gran escala hace casi cuatro años, una...
Battenfeld: Could Trump and GOP be careening toward midterm disaster?
President Donald Trump and Republicans could be careening toward a midterm disaster in 2026 unless MAGA and Vice President JD...
Lucas: The Charlie Baker effect looms large
Mike Minogue need not worry about not being much of a Republican. Former Gov. Charlie Baker was not much of...
Delfeayo Marsalis brings reinvented ‘Nutcracker’ to Boston
In 2006, Delfeayo Marsalis was recruited to play in a performance of Duke Ellington and Billy Strayhorn’s version of Tchaikovsky’s...
