Fed Governor Lisa Cook ‘did not ever commit mortgage fraud,’ her lawyer says 1/2

Kevin Breuninger

KEY POINTS

Federal Reserve Governor Lisa Cook “did not ever commit mortgage fraud,” her attorney wrote.

The lawyer, Abbe Lowell, asked a judge to temporarily block President Donald Trump from firing her from the central bank’s board.

Nearly 600 economists signed an open letter backing Cook and defending the Fed’s independence.

Federal Reserve Board Governor Lisa Cook “did not ever commit mortgage fraud,” her lawyer Abbe Lowell said Tuesday in a new court filingbolstering arguments why a judge should temporarily block President Donald Trump from firing her.

Lowell argued in the same filing that any of Cook’s statements that she made on mortgage applications — which Trump has cited as the reason for her termination —do not give the president legal cause to remove her.

Lowell said multiple federal government entities received her mortgage details before the Senate first confirmed her nomination to the Fed in May 2022.The same information was disclosed to the White House prior to her appointment by former President Joe Biden, Lowell wrote.(of course Bidan’s Admin wanted crooks.)

“The Government has long known about the alleged facial inconsistencies in Governor Cook’s financial documents,” he wrote.

Because of that fact, the mortgage applications “likely cannot constitute a legitimate basis” for Trump to fire her, the attorney argued.

He called Trump’s purported reason for removing Cook a “mere pretext,” saying that the president’s true goal is getting the Fed to lower interest rates.

“The public record is replete with [Trump’s] comments demanding that the Board, including Governor Cook and its other members, lower interest rates or face consequences in 2025.”

Lowell’s filing came hours after nearly 600 economists signed an open letter warning that her potential firing threatens the Fed’s independence and erodes trust in a key pillar of the U.S. financial system.

Trump moved to terminate Cook last week.

He said in a letter that she was being removed after Federal Housing Finance Agency Director Bill Pulte accused her of having committed “mortgage fraud.”

Cook quickly sued to block her firing.

Pulte initially accused Cook of claiming two properties, one in Michigan and one in Georgia, as her primary residence. He later made similar claims about Cook’s mortgage for a condominium in Cambridge, Massachusetts.

But Lowell said in Tuesday’s filing that Cook listed the Michigan address as her “primary residence” and the Georgia address as her “2nd home” in a questionnaire previously submitted to the government.

He also said that a separate questionnaire that she submitted shows the Georgia address listed as her “present” residence and the Michigan one as her “present” residence and “current permanent residence.”

That questionnaire also called the Cambridge home Cook’s “present residence,” as well as “a second home and rental property,” the filing said.

https://www.cnbc.com/2025/09/02/trump-lisa-cook-fed-powell-fraud.

>>23543324

2/2(Fed Mafia confirmed)

The public financial disclosure report that Cook filed as a Fed nominee listed mortgage designations “for each of the relevant properties,” Lowell said.

“If those are facial contradictions, as the Government and President claim, they certainly existed in the materials that Governor Cook provided as part of her Presidential vetting and Senate Confirmation process,” Lowell wrote.

He said senators or White House officials “could have inquired of her about any alleged ‘facial inconsistencies’” at the time, but did not.

Nobel economists defend Cook against Trump(The FED Mafia fights back)

In their public letter to Trump and Congress on Tuesday defending Cook, the group of economists said, “Good economic policy requires credible monetary institutions. Credible monetary institutions, in turn, require the independence of the Federal Reserve.”

“We stand with Governor Cook and with the institutional safeguards that have long underpinned American economic strength,” they added.

The 593 signatories include Nobel laureatesJoseph Stiglitz, Claudia Goldin, Alvin Roth, Paul Milgrom and Paul Romer; multiple former Federal Reserve economists; and Christina Romer and Jared Bernstein, who led the U.S. Council of Economic Advisers under Presidents Barack Obama and Biden, respectively.

The economists noted that the Federal Reserve Act, which Congress passed in 1913, designed the Fed to be independent and “insulated from day-to-day politics.”

The letter also notes that the attacks on Cook fromTrump and his officials rest on “unproven accusations.”

“This approach threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions,” the letter says. “That trust is a cornerstone of the system that has fueled America’s economic vitality over the decades.”

White House spokesman Kush Desai, in a statement on Tuesday’s letter, said,“The President acted within his lawful authority by removing Cook for cause, and this action augments the Federal Reserve’s credibility and accountability for both the markets and the American people.”

The Fed appears poised to vote to lower its target interest rate by a quarter of a percent in September. But Trump and his allies want steeper cuts.

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(Seems like Lowell’s argument confirms her crimes to me)

Mike Benz On The UK: "This Is A Tyrannical Hellhole State Trying To Export Their Censorship Here"

12:47

https://rumble.com/embed/v6w859k/?pub=4

>>23543350

Mike Benz: "Kill Every Dollar Of Funding To The City Of London"

6:47

https://rumble.com/embed/v6w85uu/?pub=4

JACK POSOBIEC: Poland’s President Is Saying What EU Leaders Won’t: Poland First. No Blank Checks, No Polish Troops In Ukraine

(No country is able to send troops from Europe. The EU keeps pushing the lie they can. They want WWIII with Russia to drag the U.S. in

13:25

https://rumble.com/embed/v6w7nqe/?pub=4