New Evidence Weakens Trump’s Case Against Fed’s Lisa Cook

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Fresh documents could undermine President Trump’s bid to remove Fed Governor Lisa Cook.

A 2021 loan summary shows Cook’s Atlanta property was correctly disclosed as a second home, countering Trump’s claim that she misrepresented it in mortgage applications.

The revelation may significantly weaken the administration’s case, which has already triggered a historic legal fight over presidential powers vs. central bank independence.

Market angle: Any perception of Fed instability risks confidence in the US dollar — a narrative that often fuels hedging into gold and Bitcoin.