Fed governor Cook declared 2nd residence as ‘vacation home,’ countering Trump’s claims

by | Sep 13, 2025 | Stock Market

Federal Reserve governor Lisa Cook reportedly declared a condo she purchased in 2021 as a “vacation” and “second” home in loan filings and other documents — potentially undermining the Trump administration’s claims that she engaged in mortgage fraud, which the president used as grounds to fire Cook from the Fed’s board.

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