The Department of Justice has launched a criminal investigation into Federal Reserve Governor Lisa Cook, prompted by referrals from the Federal Housing Finance Agency director. The investigation centers on allegations of mortgage fraud related to Cook's properties in Georgia, Michigan, and Massachusetts. These allegations, made by Bill Pulte, are being used by President Trump to justify Cook's dismissal, a move she is legally contesting. Cook denies any wrongdoing and the DOJ's actions have been criticized as politically motivated.

Prepared by Lauren Mitchell and reviewed by editorial team.