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Justice Department investigates Federal Reserve Governor Lisa Cook over mortgage fraud allegations.
The U.S. Justice Department has opened a criminal investigation into Federal Reserve Governor Lisa Cook over allegations of mortgage fraud.
Federal Housing Finance Agency Director Bill Pulte accused Cook of listing multiple properties as her primary residence to secure lower interest rates on mortgages.
The investigation involves grand jury subpoenas in Georgia and Michigan.
Cook denies the allegations, and her lawyers claim the investigation is politically motivated.
This case could impact the Federal Reserve's independence in setting interest rates.
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El Departamento de Justicia investiga a la gobernadora de la Reserva Federal Lisa Cook por las acusaciones de fraude hipotecario.