Federal Reserve Chairman Tim Cook denies fraud allegations; lawyers call it "political persecution."
TL;DR
Federal Reserve Governor Tim Cook's lawyers defend her mortgage applications as accurate or unintentional, denying fraud. They accuse the FHFA director of political bias, while the Supreme Court has blocked her removal.
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According to the Wall Odaily, lawyers for Federal Reserve Governor Tim Cook presented their first detailed defense of her mortgage applications on Monday, arguing that apparent discrepancies in the loan documents were either accurate at the time or “unintentional markings,” and that these discrepancies could not constitute fraud given other information disclosed to lenders. The Supreme Court has currently blocked Trump’s attempt to remove her from office and will hear arguments in January. In a letter to the Attorney General, Cook’s lawyers also accused Federal Housing Finance Agency (FHFA) Director Pulte of selectively targeting Trump’s political opponents while ignoring similar allegations against Republican officials.