Fed governor Cook declared 2nd residence as ‘vacation home,' countering Trump's claims

Core Viewpoint - Federal Reserve governor Lisa Cook's declaration of her condo as a "vacation" and "second home" in loan filings may challenge the Trump administration's allegations of mortgage fraud against her, which were used as justification for her dismissal from the Fed's board [1] Group 1 - Lisa Cook purchased a condo in 2021 and classified it as a "vacation" and "second home" in official documents [1] - The Trump administration claimed that Cook engaged in mortgage fraud, leading to her firing from the Federal Reserve [1] - The classification of the condo could undermine the allegations made by the Trump administration [1]