The move arrives six weeks after the Supreme Court’s 5-4 ruling that blocked Cook’s immediate dismissal.
Chief Justice John Roberts noted in a footnote that nothing in the opinion prevented Trump from “trying again,” provided Cook receives proper notice and a meaningful opportunity to contest the allegations.
The Federal Reserve declined to comment on the White House’s letter.
Primary residence declarations under scrutiny
The fraud allegations center on mortgage applications Cook signed before joining the Fed’s Board of Governors. In a June 2021 application to refinance a property in Ann Arbor, Michigan, Cook listed it as her primary residence. One month later, she purchased a condominium in Atlanta, Georgia, and a July 2021 document also referred to it as her primary residence.
Borrowers who designate a property as a primary residence can qualify for lower mortgage rates and smaller down payments than buyers of a second or vacation home.
