fromBusiness Insider
2 days agoFed Governor Lisa Cook 'did not ever commit mortgage fraud,' attorneys say
Attorneys for Federal Reserve Governor Lisa Cook are denying allegations that the key Fed official committed mortgage fraud. In a Tuesday filing, Cook's attorneys submitted additional arguments in support of a request for a temporary restraining order that would block President Donald Trump's attempt to oust a key member of the Federal Reserve. The attorneys said in the 31-page filing that Cook didn't receive proper due process, including an opportunity to address the allegations made against her, and the justification for her firing wouldn't rise to the level of "for cause" removal.
US politics