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spanone

(142,053 posts)
1. AP: trmp lied about the fraud claims
Sat Sep 13, 2025, 03:06 PM
Sep 2025

ASSHOLE LIES ABOUT EVERYTHING

Fed Governor Lisa Cook claimed 2nd residence as ‘vacation home,’ undercutting Trump fraud claims

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook referred to a condominium she purchased in June 2021 as a “vacation home” in a loan estimate, a characterization that could undermine claims by the Trump administration that she committed mortgage fraud.

President Donald Trump has sought to fire Cook “for cause,” relying on allegations that Cook claimed both the condo and another property as her primary residence simultaneously, as he looks to reshape the central bank to orchestrate a steep cut to interest rates. Documents obtained by The Associated Press also showed that on a second form submitted by Cook to gain a security clearance, she described the property as a “second home.”

Cook sued the Trump administration to block her firing, the first time a president has sought to remove a member of the seven-person board of governors. Cook secured an injunction Tuesday that allows her to remain as a Fed governor.

The administration has appealed the ruling and asked for an emergency ruling by Monday, just before the Fed is set to meet and decide whether to reduce its key interest rate. Most economists expect they will cut the rate by a quarter point.

https://apnews.com/article/federal-reserve-lisa-cook-trump-852820c83e5001ec3b6e2d14047965c9

BoRaGard

(7,591 posts)
2. The G.O.P. gov official made up a big lie and attacked her with it
Sat Sep 13, 2025, 03:08 PM
Sep 2025

the gop really needs to get out of the lie mode it is stuck in.

They do not honor facts or the truth. At all.

It is evil to lie all the time.

EVIL. There really is no other word. That is the right word. That is the ugly truth.

Make no mistake.

LetMyPeopleVote

(182,006 posts)
4. The DC Circuit sets an ultra-fast briefing schedule on the bid by Trump to fire Lisa Cook
Sat Sep 13, 2025, 03:26 PM
Sep 2025

There will be some briefs to read. The fact that Gov. Lisa Cook did not commit mortgage fraud will be discussed in these briefs



LetMyPeopleVote

(182,006 posts)
17. Here is a link to the full filing
Sun Sep 14, 2025, 07:48 PM
Sep 2025

This was a fun read. I still have not see the DOJ's response which was supposed to have been filed this afternoon



https://storage.courtlistener.com/recap/gov.uscourts.cadc.42372/gov.uscourts.cadc.42372.01208775253.0.pdf

I was pleased to see that this filing contained a footnote on the recently disclosed facts that showed that Lisa Cook did NOT commit mortgage fraud
6The complete property records reveal the opposite. See, e.g., Fed Governor Lisa Cook claimed 2nd residence as ‘vacation home,’ undercutting Trump fraud claims, Assoc. Press (Sept. 12, 2025), https://apnews.com/article/federal-reserve-lisa-cook trump-852820c83e5001ec3b6e2d14047965c9 (affirming, based on the review of bank documents, that Governor Cook designated her Atlanta property for use as a “Vacation Home”).

I suspect that trump will object to these facts

Bernardo de La Paz

(60,320 posts)
6. Pulte's parents and 3 cabinet Secretaries are accused of mortgage fraud that Pulte slammed against Cook. . . . nt
Sat Sep 13, 2025, 03:33 PM
Sep 2025

eppur_se_muova

(42,507 posts)
9. I was disappointed to read that "Legal Malpractice" can only be charged by a client who engaged a lawyer ....
Sat Sep 13, 2025, 03:45 PM
Sep 2025

so, in principle, Turnip (or his DOJ) has standing to sue the lawyer who brought these charges, but Cook, who was targeted by this lawyer, does not ??

Could US taxpayers, who are paying his salary, bring a class action against the lawyer for legal malpractice ? I wouldn't expect it to get to the finish line with the DOJ being captive to Turnip, but it's something to wonder about.

It certainly seems like disbarment should be only the beginning of his problems.

twodogsbarking

(19,326 posts)
10. I spent some time working for different construction companies in accounting and finance.
Sat Sep 13, 2025, 03:46 PM
Sep 2025

It was called creative financing although she did not participate in the activity. I would guess Trump did it more times than he could count, but can he count?

elleng

(141,926 posts)
11. I fully agree with your sentiment,
Sat Sep 13, 2025, 03:54 PM
Sep 2025

but imo there is too much litigation happening these days. Lawyers don't need all the work.

 

Gimpyknee

(1,025 posts)
13. And what good will that do?
Sat Sep 13, 2025, 04:46 PM
Sep 2025

I don’t believe it is Trump’s money paying off his court costs.

malaise

(297,921 posts)
14. Public damage has a cost
Sat Sep 13, 2025, 04:57 PM
Sep 2025

regardless of who pays. I know these women-hating racists have nothing but contempt for black women so pay up.
You can’t just make up shit.


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