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Trump official says DOJ will investigate Fed Governor Cook

The Justice Department's probe into alleged mortgage fraud by Fed Governor Lisa Cook intensifies amid President Trump's political pressure to influence Federal Reserve leadership.

Summary by CNBC
The Department of Justice will investigate Federal Reserve Governor Lisa Cook based on a criminal referral sent by a Trump administration housing official and arch critic of central bank Chair Jerome Powell, according to a letter obtained by CNBC’s Sara Eisen on Thursday.

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Zero Hedge broke the news in United States on Thursday, August 21, 2025.
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