"(Alex Brandon/Ken Cedeno/AP photos) President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook has been blocked by an appeals court just ahead of the central bank's next meeting on Tuesday, the Wall Street Journal reported. The White House may now turn to the Supreme Court in the crusade to oust Cook after the three-judge panel struck down Trump's effort on Tuesday, according to reports."
"A loan estimate for an Atlanta home purchased by Lisa Cook, the Federal Reserve governor accused of mortgage fraud by the Trump administration, shows that Cook had declared the property as a vacation home, according to a document reviewed by Reuters. The document, dated May 28, 2021, was issued to Cook by her credit union in the weeks before she completed the purchase and shows that she had told the lender that the Atlanta property wouldn't be her primary residence."
An appeals court blocked President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook ahead of the Fed's next meeting. The White House may seek Supreme Court review after a three-judge panel struck down Trump's removal effort. The removal push followed allegations from Housing Finance Agency chief Bill Pulte that Cook committed mortgage fraud by reporting two homes as her primary residence. Trump announced Cook's firing on Truth Social and sent a removal letter. Cook sued, arguing the president had no cause. Reuters reviewed a loan estimate showing Cook listed the Atlanta property as a vacation home.
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