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flag Justice Department investigates Federal Reserve Governor Lisa Cook over mortgage fraud allegations.

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

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