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Scrutiny of Fed Reserve Gov. Lisa Cook intensifies after third allegation of mortgage fraud

05:28

A judge held a hearing on Friday on whether to grant Federal Reserve Gov. Lisa Cook's request to temporarily block her termination as she challenges President Trump for his decision to fire her. Trump's firing is based on allegations that the central bank board member committed mortgage fraud.

We get the latest from Mike Regan, managing editor at Bloomberg News.

This segment aired on August 29, 2025.

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