US Fed Governor's Lawyer Slams Trump Administration Over Mortgage Fraud Allegations, Accusing Them of Cherry-Picking Facts
The lawyer for US Federal Reserve governor Lisa Cook has fired back at the Trump administration over allegations of mortgage fraud against her, accusing them of selectively presenting facts to build a case. Abbe Lowell, Cook's attorney, claimed in a letter to the US Attorney General and Deputy Attorney General that the disputes surrounding Cook's properties were "baseless" and part of a broader effort by the Trump administration to target political enemies.
Cook is accused of misrepresenting multiple residences as her primary residence on mortgage applications, which led to Donald Trump briefly firing her from her role at the Fed. However, Lowell argued that one line on Cook's application for a condo in Atlanta was an "isolated notation" and not indicative of intentional wrongdoing. The lawyer pointed out that other loan documents show Cook accurately listing her properties as personal residences.
The dispute revolves around three of Cook's properties: a home in Ann Arbor, Michigan; a condo in Atlanta, Georgia; and a home in Cambridge, Massachusetts. Lowell claimed that Cook has consistently listed the Cambridge property as a second home or rental property for mortgage purposes.
Lowell also targeted William Pulte, a Trump ally who oversees the Federal Housing Finance Agency, for using his position to target political enemies. The lawyer pointed out that Pulte had previously targeted other high-profile critics of Trump, including New York's attorney general and Democratic Senator Adam Schiff.
In a scathing rebuke, Lowell criticized Pulte for selectively presenting facts to build a case against Cook while ignoring similar discrepancies on the mortgage documents of his cabinet members. The lawyer claimed that if the allegations against Cook were truly justified, Pulte would have referred the matter to the Justice Department based on similar evidence.
The dispute is set to be heard by the Supreme Court in January.
The lawyer for US Federal Reserve governor Lisa Cook has fired back at the Trump administration over allegations of mortgage fraud against her, accusing them of selectively presenting facts to build a case. Abbe Lowell, Cook's attorney, claimed in a letter to the US Attorney General and Deputy Attorney General that the disputes surrounding Cook's properties were "baseless" and part of a broader effort by the Trump administration to target political enemies.
Cook is accused of misrepresenting multiple residences as her primary residence on mortgage applications, which led to Donald Trump briefly firing her from her role at the Fed. However, Lowell argued that one line on Cook's application for a condo in Atlanta was an "isolated notation" and not indicative of intentional wrongdoing. The lawyer pointed out that other loan documents show Cook accurately listing her properties as personal residences.
The dispute revolves around three of Cook's properties: a home in Ann Arbor, Michigan; a condo in Atlanta, Georgia; and a home in Cambridge, Massachusetts. Lowell claimed that Cook has consistently listed the Cambridge property as a second home or rental property for mortgage purposes.
Lowell also targeted William Pulte, a Trump ally who oversees the Federal Housing Finance Agency, for using his position to target political enemies. The lawyer pointed out that Pulte had previously targeted other high-profile critics of Trump, including New York's attorney general and Democratic Senator Adam Schiff.
In a scathing rebuke, Lowell criticized Pulte for selectively presenting facts to build a case against Cook while ignoring similar discrepancies on the mortgage documents of his cabinet members. The lawyer claimed that if the allegations against Cook were truly justified, Pulte would have referred the matter to the Justice Department based on similar evidence.
The dispute is set to be heard by the Supreme Court in January.