Federal Reserve Governor Lisa Cook is defending herself against mortgage fraud allegations, with her attorney, Abbe Lowell, dismissing the claims as baseless. Lowell argues that the accusations, made by President Trump and others, are based on incomplete and cherry-picked documents. Cook, who has not been charged with any crime, is fighting to keep her position as the Supreme Court prepares to hear arguments on her challenge to Trumps attempt to fire her. The outcome of this legal battle could significantly impact the White Houses control over the Federal Reserve, particularly as Trump pushes for lower interest rates. Cooks legal team maintains that Trumps actions are an attempt to gain political influence over monetary policy, rather than an effort to uphold accountability.

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