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Lisa Cook’s Mortgage Scrutiny | Wilmington News
Federal Reserve Governor Lisa Cook is under fire over three pre-Fed mortgages in Michigan, Georgia, and Massachusetts, with Trump’s team alleging she misled about their use—possibly hiding rental income as a primary residence. A criminal probe was launched after Trump appointee Bill Pulte flagged the properties, but the Supreme Court ruled she can stay on the Fed while her legal battle over removal continues. Cook disclosed the loans in June 2025 and reported over $50K in rental income from a Cambridge condo—details Pulte used to question her disclosures. Her legal team denies any fraud…
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