律动BlockBeats
律动BlockBeats|Aug 28, 2025 18:43
[Federal Reserve's Cook's Lawyer Claims Mortgage Dispute May Be Due to 'Clerical Error'] BlockBeats reported on August 29 that the lawyer for Federal Reserve Governor Cook argued that the mortgage dispute, which led to Trump's demand for her dismissal, may have stemmed from an 'unintentional clerical error,' aiming to undermine allegations of fraud made by Trump and Federal Housing Finance Agency Director Calabria. The legal team stated that even if there was an error, it was not intentional deception, and no one suffered harm as a result, which pertains to the legal standard of 'materiality.' 'Cook may have mistakenly marked the purpose of the property on the mortgage application long before joining the Board, but there was no intent or material impact, and this does not constitute the "just cause" required for removal,' the lawyers wrote in the filing for a temporary injunction. The legal team also pointed out that Trump and Calabria have not even explicitly alleged that Cook benefited from the error or that it was intentional. (Jin10) Previously, Federal Reserve Governor Lisa Cook filed a lawsuit against U.S. President Trump, protesting his move to remove her from her position at the Federal Reserve.
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