Lisa Cook's Bank Documents Appear To Contradict Trump Administration's Mortgage Fraud Allegations

Federal Reserve politician Lisa Cook declared successful financial forms that her Atlanta spot would beryllium utilized arsenic a “vacation home” and not her superior residence, according to documents obtained by NBC News that look to undercut allegations of owe fraud by nan Trump administration.

Federal Housing Finance Agency Director Bill Pulte and President Donald Trump, who has moved to occurrence Cook, person accused nan cardinal slope committee personnel of passing disconnected nan spot arsenic her main residence for financial gain. Cook has many times denied nan allegation, and management officials person not provided definitive evidence supporting their claims.

A indebtedness summary from nan Bank-Fund Staff Federal Credit Union successful May 2021 reads: “Property Use: Vacation Home.” Additionally, nationalist records successful Fulton County, Georgia, reviewed by NBC News show that nary taxation exemptions disposable for a superior residence were sought by Cook.

A 2nd archive obtained by NBC News, Cook’s “questionnaire for nationalist information positions," which was submitted to nan Biden management successful precocious 2021 and later nan Senate, lists a mobility that reads: “Please database each of your interests successful existent property, including further homes, picnic homes, rental properties, and interests successful trusts that whitethorn clasp property.”

Cook responded by penning “2nd home” followed by nan reside of nan Atlanta property.

The FHFA and nan White House did not respond to requests for remark Friday evening connected nan documents, which were first reported by Reuters.

Cook’s ineligible squad declined to comment.

Pulte, successful a criminal referral to Attorney General Pam Bondi past month, wrote that "it appears an individual, Ms. Lisa DeNell Cook, has falsified slope documents and spot records to get much favorable indebtedness terms, perchance committing owe fraud nether nan criminal statue. This has included falsifying residence statuses for an Ann Arbor, Michigan-based residence and an Atlanta, Georgia-based property..."

Trump past announced connected Truth Social that he was removing Cook from her domiciled astatine nan cardinal slope — nan first clip a president has attempted to occurrence a apical Fed official.

On Tuesday, a national judge temporarily blocked Cook's termination. The Trump management appealed 2 days later and is seeking a ruling earlier nan Fed's interest-rate mounting committee originates its adjacent meeting, connected Tuesday. Cook has a imperishable ballot connected that committee.

Pulte has besides said successful caller interviews and successful societal media postings that Cook "made misrepresentations astir her mortgages to nan Federal Government erstwhile she was a Governor."

Cook’s nationalist information questionnaire was revenge pinch nan Biden management successful December 2021. Cook joined nan Fed aft being confirmed by nan Senate successful May 2022.

In a caller tribunal filing, Cook’s lawyers wrote that she “did not ever perpetrate owe fraud.”

The Federal Reserve has said it would abide by nan result of Cook’s ongoing ineligible case.