Powell refused to comment on Lisa Cook’s case with Trump with Trump


President of the Federal Reserve Jerome Powell She rejected on Wednesday to comment on the ongoing legal battle between the governor of the Lisa Cook Federal Reserve and the Trump administration on her role in the Central Bank.

“I see it as a court case that would be inappropriate for me to comment,” Powell said when asked at the conclusion of the meeting of the open market committee of two -day federal (FOMC).

The President of the Federal Reserve, Jerome Powell, speaks with Lisa Cook, a member of the Governor Council of Federal Reserve, in the building of the Washington Federal Reserve Council, DC, on June 25, 2025. (Images Saul Loeb/Afp/Getty/Getty)

The Federal Reserve has previously acknowledged the legal feud potential and wrote in a statement of August 26 that the FED will “fulfill any court decision”.

Trump Press Order Bloking -Ling of shooting Fed Cook as the Central Bank’s crucial meeting begins

Tuesday, Trump administration pledged to fight the cook at the Supreme court After a lower court blocked the President’s effort to dismiss -the. The movement was the most recent in a series of attempts to dismiss it from the Fed Council before the FOMC type meeting.

The President of the Federal Reserve, Jerome Powell.

The President of the Federal Reserve, Jerome Powell, speaks during a press conference after a meeting of the Federal Open Market Committee in Washington, DC, on September 17, 2025. (Kent Nishimura / Bloomberg through Getty Images / Getty Images)

In the heart of the legal struggle there are non -confirmed complaints of mortgage fraud against Cook, proposed by Bill Pulte, a Trump named to the Agency Supervising Fannie Mae and Freddie Mac.

The three Lisa Cook’s home loans at Trump’s center fight against the Federal Reserve seat

Pulte tied the cook to a trio of properties in Michigan, Georgia and Massachusetts, which caused a scrutiny as to whether Cook had mistakenly represented how houses would be used. The three mortgage loans were issued in 2021, before being nominated by former president Joe Biden to join -S on the Fed board.

An estimate of loans for the house of Atlanta bought by Cook, reviewed by Reuters, shows that he declared the property as “vacation house” in 2021, a detail that underlines the accusations of the Trump administration.

President Donald Trump and Governor of Federal Reserve Lisa Cook

President Donald Trump and the governor of the Lisa Cook Federal Reserve. (Chip Somodeville/Al Drago/Getty Images/Getty Images)

Pulte made two separate derivations to the Department of Justice on these mortgages.

President Donald Trump He made these complaints and dismissed Cook on August 25, which prompted him to sue it in the federal court three days later. His demand did not address allegations of the many houses that are listed as a primary residence.

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The Department of Justice opened a criminal On September 4, at COOK, on ​​complaints of mortgage applications fraud. His lawyer, Abbe Lowell, wrote in a presentation on September 2 that “never committed mortgage fraud”.



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