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Fed’s Cook claimed second residence as ‘vacation home,’ undercutting Trump fraud claims

Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the board at the Federal Reserve in Washington on on June 25.

Fed Gov. Lisa Cook referred to a condo she bought in 2021 as a “vacation home” in a loan estimate, which could undermine claims by the Trump administration that she committed mortgage fraud.

(Image credit: Mark Schiefelbein)