Federal Reserve Governor Lisa Cook faces fraud claims over her 2021 condo purchase as Trump seeks to remove her.

Federal Reserve Governor Lisa Cook described a condo she bought in 2021 as a "vacation home," which contradicts the Trump administration's claims that she committed mortgage fraud by claiming it as a primary residence. Trump sought to fire Cook to reshape the Fed and lower interest rates, but she secured an injunction to stay in her position. The administration has appealed, and the Justice Department is investigating.