Reported about 15 hours ago
The U.S. Justice Department has launched a criminal investigation into Federal Reserve Governor Lisa Cook over accusations of mortgage fraud, amid President Trump's efforts to remove her from the Fed. Prosecutors are looking into allegations that Cook misrepresented information on mortgage applications for properties in Michigan and Georgia. Cook has denied the claims, stating that any discrepancies were unintentional. As the legal battle unfolds, both sides are asserting their positions regarding the claims of misconduct and the implications for her tenure at the Fed.
Source: YAHOO