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Thursday, August 28, 2025

Cook Claims It Was All A "Clerical Error" - And Nevertrump Activist Judge Will Decide

 (Update: 1532ET): A Biden-appointed federal judge who defied a Supreme Court ruling earlier this month has been 'randomly' assigned to the (Biden-appointed) Lisa Cobb case, after the Federal Reserve Governor filed a lawsuit challenging her Monday firing by President Trump. Her complaint doesn't deny the underlying allegations of mortgage fraud - and instead argues that she couldn't have been fired 'for cause' over something that happened before she was confirmed to the Fed. 

Cook also argues that claiming two houses as her 'primary residence' at the same time may have been a simple 'clerical error.'

So, we're supposed to believe that a Harvard graduate and 'Top leading economist' - who's tasked with setting Fed policy - simply missed the 'primary residence' designation plastered all over the mortgage papers she signed? 

Anyway, here's the new judge, Jia Cobb, who will weigh in on the case. 

Oh Lawd status: [_] She Not Comin', [X] She Comin'

 

Cobb recently defied the Supreme Court according to the Trump administration - after she continued to block the "expedited removal" of migrants despite a Supreme Court ruling that upheld the legality of such removals. 

"Will they be summarily removed from a country that — as they are swept up at checkpoints and outside courtrooms, often by plainclothes officers without explanation or charges — may look to them more and more like the countries from which they tried to escape?" Cobb wrote in an 84-page decision against the deportation effort.

Cobb was also the judge in Jan. 6th defendant Ryan Samsel's case. Samsel was notably the first rioter to charge across police lines. After he was found guilty, prosecutors wanted him to go away for 20 years, however his February sentencing was called off after President Trump issued a blanket pardon to all J6ers. 

Now, the activist judge will decide at least the first step in Cook's fate - which is sure to be appealed to the DC Circuit Court of Appeals by the losing party, after which we're guessing it's headed to the Supreme Court. 

*  *  *

Federal Reserve Governor Lisa Cook has sued the Trump administration, Fed Chair Jerome Powell, and the Board of Governors itself - after President Donald Trump fired her on Monday over claims that she lied on mortgage applications - allowing her to double-dip on tax and lending advantages. 

The lawsuit - which doesn't deny mortgage fraud!! - seeks "A declaration that President Trump’s August 25, 2025 purported firing ... is unlawful and void and that Governor Cook remains an active member of the Board of Governors of the Federal Reserve," and a declaration from the court that "an unsubstantiated allegation of mortgage fraud prior to a Governor’s confirmation is not cause for removal."

Update: In a statement to CNBC, Federal Housing Finance Agency (FHFA) Director Bill Pulte said: "In her filing, Ms. Cook does not deny that these are her mortgage documents, so one has to wonder why she, or Jerome Powell, would want this to be a part of the Federal Reserve, which is supposed to have preeminent integrity and which is critical to the safety and soundness of the U.S. Mortgage Market."

Cook's lawsuit claims that Trump violated the Federal Reserve Act, the Fifth Amendment's Due Process Clause, and other statutory rights - and that Trump's action lacks "cause" as required by the FRA. 

Represented by former Hunter Biden attorney Abbe Lowell - who also represents NY Attorney General Letitia James, former Homeland Security official Miles Taylor, and a whistleblower - James filed the lawsuit in federal court in Washington DC - where we're sure the Jury will be interested to hear, per her complaint, that she is the first black woman on the Board. 

And while former members of the Fed have stepped down over alleged improprieties, Cook is digging in.

We're sure Cook's legal team is counting on a DC jury being sympathetic to Cook's claims in response to her firing, in which Trump accused her of "deceitful and potentially criminal  conduct in a financial matter."

The Trump-Cook clash erupted after Federal Housing Finance Agency Director Bill Pulte dropped receipts showing that Cook lied on 2021 loan applications for two properties in Michigan and Georgia - claiming that each was her primary residence. 

Read the complaint below:

Cook Trump Comp 082825 by Zerohedge Janitor

Developing...

https://www.zerohedge.com/political/feds-lisa-cook-sues-keep-job-amid-mortgage-fraud-fiasco

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