The Federal Reserve governor Lisa Cook faced more than $1.3m in legal and security fees after coming under attack from the Trump administration, according to ethics disclosures that were filed on Wednesday.
The White House targeted Cook last summer as Donald Trump ramped up his unprecedented campaign to push the Fed to cut interest rates.
Bill Pulte, the director of the Federal Housing Finance Agency who is set to become acting US intelligence chief on Friday, accused Cook of mortgage fraud. On social media, Pulte accused Cook of misleading lenders by listing a second home as her primary residence, which would get her a better mortgage rate.
Cook was appointed by Joe Biden in 2022, becoming the first Black woman to serve on the Federal Open Market Committee (FOMC). Her term is set to end in 2038.
Political Glance
A California court has dismissed a lawsuit filed by Donald Trump’s administration against Los Angeles over a city ordinance limiting its cooperation with federal immigration authorities.
Imperial Germany famously signed a treaty under humiliating terms to end WWI at Versailles, codifying a surrender despite the fact that the war was overwhelmingly fought beyond its borders.
Nithya Raman, a progressive Los Angeles city council member, has advanced to the November runoff for LA mayor, edging out former reality TV villain Spencer Pratt for the chance to face incumbent mayor Karen Bass.
Democrats this weekend offered mixed responses to recent allegations against Maine Senate candidate Graham Platner, with some standing by his campaign while a handful voiced deeper concerns.
Donald Trump has signed an executive order making it easier to fire thousands of the best-paid workers in the US government aspart of a broader drive by his administration to overhaul the federal workforce.





























