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Fed's Cook accused of mortgage fraud: What does the law really say?
CNBC Televisionยท2025-08-22 11:28

ambitiously. >> Welcome back to Squawk Box. The Department of Justice is investigating Federal Reserve Governor Lisa Cook over allegations of fraud related to her mortgages.A letter signed by DOJ attorney Ed Martin also urging Fed Chair Jerome Powell to remove cook from the central bank's board, though in fact he doesn't have the power to do that. Joining us right now to help us understand the allegations against cook, some of the rules and how this could all play itself out. Former Assistant Attorney Gener ...