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

Federal Reserve Governor Lisa Cook listed her condo purchased in 2021 as a “vacation” and “second” home in loan documents, raising questions about her mortgage filings. This revelation may challenge the previous claims made by the Trump administration, which accused Cook of mortgage fraud—a key factor they cited when attempting to remove her from the Fed’s board. The details surrounding her property classification are now sparking discussions about transparency and the accuracy of her financial disclosures.