Fed’s Cook Contests ‘Baseless’ Mortgage Fraud Claims to DOJ (3)

Nov. 17, 2025, 10:11 PM UTC

Federal Reserve Governor Lisa Cook offered a detailed rebuttal to mortgage fraud allegations made by President Donald Trump and other US officials, arguing in a letter to Attorney General Pam Bondi that the claims “fail on even the most cursory look at the facts.”

Cook’s attorney Abbe Lowell sent a letter on Monday to Bondi and Ed Martin, a senior Justice Department official tapped as a “special attorney” to investigate mortgage fraud, as she presses a legal fight to keep her job. The US Supreme Court is set to hear arguments on Jan. 21 on Cook’s challenge to Trump’s move ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.