Fed governor Lisa Cook should release mortgage documents, Democratic lawmaker says Maureen Groppe, USA TODAYAugust 31, 2025 at 10:49 PM WASHINGTON − Federal Reserve governor Lisa Cook should release her mortgage documents as she fights President Donald Trump's attempt to remove her, Democratic Rep.
- - Fed governor Lisa Cook should release mortgage documents, Democratic lawmaker says
Maureen Groppe, USA TODAYAugust 31, 2025 at 10:49 PM
WASHINGTON − Federal Reserve governor Lisa Cook should release her mortgage documents as she fights President Donald Trump's attempt to remove her, Democratic Rep. Ro Khanna told NBC.
"She should be transparent so that we see that this is just a political football," Khanna, a leading progressive voice from California, said on "Meet the Press with Kristen Welker."
Trump announced Aug. 25 that he fired Cook over allegations of mortgage fraud.
She's been accused of saying on mortgage documents that houses in Michigan and Georgia would each be her "primary residence" but has not been charged with a crime.
More: Judge grapples with whether Trump was justified in firing Lisa Cook from Fed
Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" in Jackson Hole, Wyoming, on Aug. 23, 2025.
Khanna said Trump is "following Richard Nixon's playbook to interfere with the Fed and bully the Fed."
Trump has complained repeatedly about Fed Chairman Jerome Powell not lowering interest rates fast enough to spur the economy.
Khanna said Trump has only himself to blame. The president's sweeping tariffs are putting inflationary pressure on the economy, "leaving the Fed in a no-win situation," he said.
Both the tariffs and Cook's termination are in the hands of the courts.
More: Most Trump tariffs are illegal, appeals court rules, setting up Supreme Court showdown
An appeals court on Aug. 29 ruled most of Trump's global tariffs are illegal, though the court allowed them to stay in place for now to give the administration time to ask the Supreme Court to weigh in.
And a federal judge is deciding whether Cook can remain in her job while the courts consider whether her termination was legal.
More: Will Trump's showdown with Fed governor Lisa Cook end up at Supreme Court?
This article originally appeared on USA TODAY: Fed governor Lisa Cook should release mortgage documents, Dem says
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