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Fed’s Cook lawyers say hearing will show no mortgage fraud case

By Thomson Reuters Oct 9, 2026 | 10:07 AM

Oct 9 (Reuters) – Lawyers for Federal Reserve Governor Lisa Cook said ​on Friday that ‌if a planned White House hearing on allegations against her is “anything close to ‌objective,” ​it will ⁠demonstrate that Cook ⁠did not commit mortgage fraud and will leave no case to ​remove her.

“We have engaged with the ⁠White House to ⁠evaluate whether the ​process proposed has a ​possibility of being a ‌genuine one and not simply a box checking exercise,” lawyers Abbe ⁠Lowell and Norm Eisen said in a statement. “Governor Cook welcomes ⁠the ‌opportunity to ⁠present the facts so ​she ‌can clear her ​name ⁠and demonstrate there is no legal basis to fire her.”

(Reporting by Ann Saphir; Editing by Mark ​Porter)