The Wall Street Journal

DOJ Opens Criminal Investigation Into Fed’s Cook, Issues Subpoenas

The probe centers on whether Cook submitted fraudulent information on mortgage applications

Federal Reserve governor Lisa Cook filed a lawsuit last month alleging President Trump’s move to fire her was unlawful.
Federal Reserve governor Lisa Cook filed a lawsuit last month alleging President Trump’s move to fire her was unlawful. Photo: Al Drago/Bloomberg News

The Justice Department has opened a criminal investigation into Federal Reserve governor Lisa Cook, issuing subpoenas as part of an inquiry into whether she submitted fraudulent information on mortgage applications, according to U.S. officials familiar with the matter.

The initial scrutiny has centered on Cook’s properties in Ann Arbor, Mich., and Atlanta, with investigators using grand juries as part of the probe, the officials said.

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