Federal Reserve Governor Lisa Cook, accused of mortgage fraud by the Trump administration, is supported by a loan estimate showing her Atlanta property was declared a "vacation home." This contradicts claims that she falsely declared two homes as primary residences to gain mortgage and tax advantages. The document, reviewed by Reuters, indicates Cook informed her lender of the property's intended use. Cook denies wrongdoing and has sued President Trump over his attempt to dismiss her. The accusations are intertwined with Trump's efforts to influence the Federal Reserve's interest rate policies.

Prepared by Lauren Mitchell and reviewed by editorial team.