President Trump on Wednesday appealed a federal judge’s injunction blocking his attempt to fire Federal Reserve Governor Lisa Cook amid mortgage fraud allegations.
Lisa Cook filed a lawsuit against President Trump, the Federal Reserve Board of Governors, and Federal Reserve Chairman Jerome Powell after Trump fired her last month.
Lisa Cook apparently owns three properties, and she allegedly committed mortgage fraud on all three properties.
According to housing regulator Bill Pulte’s first criminal referral, Lisa Cook committed mortgage fraud by lying on her mortgage application and falsifying bank statements when she designated her out-of-state Atlanta condo as her “primary residence”—just two weeks after taking a loan on her Michigan home, which she also claimed as her “primary residence.”
Late last month Pulte sent a second criminal referral on embattled Federal Reserve Governor Lisa Cook after she was allegedly caught lying about a third property.
A federal judge on Tuesday evening blocked President Trump from firing embattled Federal Reserve Governor Lisa Cook.
US District Court Judge Jia Cobb, a Biden appointee, issued a preliminary injunction blocking President Trump, Fed Chairman Jerome Powell, and the Federal Reserve Board of Governors from firing Lisa Cook as her lawsuit proceeds through the legal system.
Judge Cobb said the mortgage fraud allegations did not meet the “for cause” standard.
Cobb said Lisa Cook (her sorority sister) has also “demonstrated irreparable harm from her removal.”
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