Group 1 - U.S. Treasury Secretary Scott Bessent is reported to have agreed to occupy two different homes as his "principal residence," which has drawn parallels to allegations of mortgage fraud against Federal Reserve Governor Lisa Cook [1][3] - Mortgage experts indicated that there is no evidence of wrongdoing in Bessent's home-loan filings, suggesting that the issue reflects inconsistencies in mortgage documents rather than fraud [2] - Bank of America did not expect Bessent to occupy both homes as primary residences, as indicated in the mortgage documents [2] Group 2 - President Trump has accused Cook of mortgage fraud, a claim she denies, and has sought to remove her from her position [3][5] - A U.S. appeals court has denied Trump's attempt to fire Cook, and the White House plans to appeal this decision to the U.S. Supreme Court [5] - Cook's loan estimate for a property in Atlanta classified it as a "vacation home," and local authorities confirmed she did not violate tax rules for her primary residence [6]

Core Points - The Senate confirmed Stephen Miran to the Federal Reserve Board of Governors with a narrow vote of 48-47, reflecting a largely party-line decision in the Republican-controlled Senate [1] - Miran is expected to report to the Fed's headquarters as officials begin a two-day meeting to discuss the economic direction [1] - The Federal Open Market Committee is scheduled to meet on September 16 to set U.S. interest rates and broader monetary policy, which will impact borrowing costs across various sectors [2] Group 1 - Miran's confirmation follows President Trump's push for the Federal Reserve to cut interest rates, with Trump advocating for a reduction to 1% to stimulate economic growth [5][7] - Miran has committed to taking unpaid leave from his White House position while serving on the Fed's Board of Governors [6] - The Federal Reserve's current key borrowing rate is maintained within a range of 4.25% to 4.5%, with Fed Chair Jerome Powell adopting a wait-and-see approach due to ongoing trade policy impacts [9] Group 2 - The confirmation of Miran occurs amid legal challenges faced by Federal Reserve Governor Lisa Cook, who is suing Trump to retain her position on the board [12][13] - Cook's removal by Trump was based on allegations of mortgage fraud, which she denies, and a criminal investigation has been launched into her conduct [10][15] - If Trump successfully removes Cook, he will have nominated a majority of the Fed board, thereby increasing his influence over U.S. monetary policy [16]

News to contradict the Trump administration's mortgage fraud allegations rather against Fed Governor Lisa Cook. NBC News looked over Cook's bank records this past week and found no evidence of corruption. President Trump attempted to remove her from her position this summer, but so far she is refusing to leave.Well, joining me now, we have former federal prosecutor Barrett Burgerer. Welcome, Barrett. So, President Trump, as you know, tried to fire Lisa Cook.That happened back in August. It is the first time ...

Core Viewpoint - The controversy surrounding Federal Reserve Governor Lisa Cook involves allegations of mortgage fraud related to her property claims, which have led to a legal battle with the Trump administration over her position on the Fed's board [1][2][4]. Group 1: Allegations and Legal Actions - Cook referred to her condominium as a "vacation home" in a loan estimate, conflicting with claims that she misrepresented it as a primary residence [1]. - Cook has filed a lawsuit against the Trump administration to prevent her dismissal, marking a historic attempt by a president to remove a Fed governor [2]. - An injunction has been granted to Cook, allowing her to continue serving as a Fed governor while the legal proceedings unfold [2]. Group 2: Administration's Response and Investigations - The Trump administration has appealed the ruling that allows Cook to remain in her position and is seeking an emergency ruling ahead of a Federal Reserve meeting on interest rates [3]. - Bill Pulte, a Trump appointee, has accused Cook of inconsistencies in her property claims and has referred the matter to the Justice Department, which has initiated an investigation [4]. Group 3: Implications of Property Classification - Claiming a home as a "primary residence" can provide better mortgage terms compared to classifying it as a vacation home [5]. - Fulton County tax records indicate that Cook has not claimed a homestead exemption on her condo since its purchase in 2021, which would typically be expected if it were her primary residence [5].

Federal judge blocking President Trump from removing Lisa Cook from the Federal Reserve uh Board of Governors uh pending a legal challenge. Steve Leeman joins us now uh with the latest. Hey, Steve.Morning, Joe. Yeah, Fed Governor Lee Cook prevailing in every major legal point in a decision last night from a DC district court judge clearing the way for her to keep her job and participate at the upcoming Fed meeting. But the White House suggesting the case is not over yet.Uh, Judge Gia Cobb issued a prelimina ...

Also tonight, you've got the Trump administration escalating its fight against one of the Fed governors. So, one of the people who sits on the board of the Federal Reserve with the Trump administration advancing a criminal investigation into Lisa Cook. She's somebody who President Trump and his allies have been accusing of mortgage fraud.Cook denies that the al uh she she's now suing the president after he tried to fire her for cause. Earlier today, one of President Trump's top adviserss, the person who mad ...

The US Justice Department opened a criminal investigation into whether Federal Reserve Governor Lisa Cook committed mortgage fraud — ratcheting up pressure as President Trump seeks to oust her from the central bank https://t.co/pVNdldlpSk ...

Hey Carl, good morning. So this is the Wall Street Journal reporting citing US officials familiar with the matter, saying that the Justice Department has now officially opened a criminal investigation into Lisa Cook and these allegations of mortgage fraud. The journal saying that the government has issued now subpoenas as part of an inquiry into whether she submitted fraudulent information on mortgage applications.So we knew that this was coming. had been heavily signaled, but so far these were sort of refe ...

Legal & Political Independence of the Federal Reserve - Fed Governor Lisa Cook is challenging her firing, asserting she never committed mortgage fraud [1] - Cook's brief argues the president's action poses the greatest threat to the Federal Reserve Board's political independence in its 111-year history [1] - Cook claims she can only be fired for negligence or malfeasance in office, not for pre-office conduct [1] - Cook argues that the president fired her to gain control of the Fed, citing multiple presidential tweets [2] - Cook's legal team argues that a tweet does not constitute proper notice for firing and that impeachment is the correct remedy [2] - Allowing the firing to stand would grant the president unfettered control over the Fed [3] Allegations Against Cook - The president claimed Cook was fired for cause because she claimed two homes as her primary residences on mortgage applications [2] - Any alleged mortgage inconsistencies were apparent in nomination documents submitted as part of her Senate confirmation [1] Government Response - The government is required to file a response by Thursday [3]

Legal & Procedural Aspects - Federal Housing Finance Agency Director Bill Py 将举行新闻发布会，公布与 Fed Governor Lisa Cook 抵押贷款相关的新信息 [1] - Cook 的法律团队在一系列新的法庭文件中抨击了特朗普政府，Cook 声称白宫没有充分的理由解雇她 [1] - Cook 希望法院仅根据总统的命令做出裁决，并声称她被剥夺了正当程序 [3] - 司法部要求将 TTRO 转为初步禁令请求，该请求可上诉，以便直接向最高法院或通过上诉法院向最高法院提出上诉，以决定 Cook 是否可以留在 9 月份的董事会会议上 [8] - Cook 起诉了白宫、总统、联邦储备委员会和 Jay Powell，以寻求法院的命令，禁止 Fed 根据总统的信函将其免职 [9][11] Potential Conflicts & Public Perception - 如果 Cook 在下一次 FOMC 会议上投票降低利率，人们会质疑这是基于数据还是为了保住她的职位 [5] - Cook 面临困境，公开更多信息可能无法解决问题 [6] - 公众舆论非常重要 [4] Mortgage Allegations & Complications - Bill Py 提出的证据表明，Cook 拥有三处房产，并声称每处都是她的主要住所，并且出租了其中一些房产，这很难证明是合理的 [13] - 抵押贷款申请过程中提供的信息可能会发生变化，银行会询问房屋是否为主要住所，因为非主要住所的利率更高 [14] - 在某些情况下，例如在军队服役或为年长的亲戚或残疾儿童购买房屋时，可以购买房屋并将其列为主要住所 [16][17]