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 she falsely listed two homes as primary residences to gain mortgage and tax advantages. The document, from May 2021, states the property's use as a vacation home, aligning with a separate security clearance form. Cook denies wrongdoing and has sued to prevent her dismissal, while the FHFA, led by Bill Pulte who made the accusations, hasn't commented on the new evidence. The situation highlights a broader battle over Trump's influence on the Federal Reserve.

Prepared by Lauren Mitchell and reviewed by editorial team.