World
Fed Governor Lisa Cook claimed 2nd residence as 'vacation home,' undercutting Trump fraud claims
WASHINGTON (AP) — Federal Reserve Governor Lisa Cook referred to a condominium she purchased in June 2021 as a “vacation home” in a loan estimate, a characterization that could undermine claims by the Trump administration that she committed mortgage fraud.
President Donald Trump has sought to fire Cook “for cause,” relying on allegations that Cook claimed both the condo and another property as her primary residence simultaneously, as he looks to reshape the central bank to orchestrate a steep cut to interest rates. Documents obtained by The Associated Press also showed that on a second form submitted by Cook to gain a security clearance, she described the property as a “second home.”
Cook sued the Trump administration to block her firing, the first time a president has sought to remove a member of the seven-person board of governors. Cook secured an injunction Tuesday that allows her to remain as a Fed governor.
The administration has appealed the ruling and asked for an emergency ruling by Monday, just before the Fed is set to meet and decide whether to reduce its key interest rate. Most economists expect they will cut the rate by a quarter point.
Bill Pulte, a Trump appointee to the agency that regulates mortgage giants Fannie Mae and Freddie Mac, has accused Cook of signing separate documents in which she allegedly said that both the Atlanta property and a home in Ann Arbor, Michigan, also purchased in June 2021, were both “primary residences.” Pulte submitted a criminal referral to the Justice Department, which has opened an investigation.
Claiming a home as a “primary residence” can result in better down payment and mortgage terms than if one of the homes is classified as a vacation home.
The descriptions of Cook’s properties were first reported by Reuters.
Fulton County tax records show Cook has never claimed a homestead exemption on the condo, which allows someone who uses a property as their primary residence to reduce their property taxes, since buying it in 2021.
The White House did not immediately respond to a request for comment.
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AP writer Jeff Amy in Atlanta contributed to this report.
World
Video: Humpback Whale Stranded Off German Coast Is Freed by Rescuers
new video loaded: Humpback Whale Stranded Off German Coast Is Freed by Rescuers
By Axel Boada
March 27, 2026
World
Russian man who assaulted woman during Barron Trump FaceTime call sentenced to 4 years
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A Russian man convicted of assaulting a woman in London in an attack witnessed by Barron Trump, President Donald Trump’s youngest son, on a video call was sentenced to four years in prison by a London court on Friday.
Matvei Rumiantsev, 23, an MMA fighter, was convicted by a jury on Jan. 28 of assault with bodily harm but was acquitted of rape and choking charges. He was also convicted of perverting the course of justice stemming from a letter he sent the woman from jail asking her to retract her allegations.
After the assault, Rumiantsev admitted he was jealous of his girlfriend’s friendship with the 19-year-old son of President Donald Trump.
BARRON TRUMP REPORTEDLY SAVED WOMAN’S LIFE AFTER WITNESSING VIOLENT ASSAULT ON FACETIME CALL
Barron Trump attends inauguration ceremonies in the U.S. Capitol Rotunda on Jan. 20, 2025, in Washington, D.C. (Kevin Lamarque/Pool/Getty Images)
“Your lack of insight and empathy was apparent at trial,” Justice Joel Bennathan said. “You continue to try to blame the complainant for everything that has happened.”
Trump told investigators he had placed a late-night FaceTime call to the woman, whom he had met on social media, and had been startled when the call had been briefly answered by a shirtless man on Jan. 18, 2025.
“That view lasted maybe one second and I was racing with adrenaline,” Barron Trump said. “The camera was then flipped to the victim getting hit while crying, stating something in Russian.”
BARRON TRUMP SPOTTED ON NYU CAMPUS FOR FIRST TIME SINCE INAUGURATION
Barron Trump looks on ahead of the Presidential Inauguration of Donald Trump at the Rotunda of the U.S. Capitol in Washington, D.C. on Jan. 20, 2025. (KEVIN LAMARQUE/POOL/AFP via Getty Images)
Barron Trump called the police in London.
“It’s really an emergency … I’m calling from the U.S., uh, I just got a call from a girl, you know, she’s getting beat up,” he told an operator.
Police responded to the address and arrested Rumiantsev, a London-based receptionist.
At his trial at Snaresbrook Crown Court, Rumiantsev was acquitted of rape and choking related to the attack, as well as a separate rape and assault allegation from November 2024.
His attorney, Sasha Wass, said that Trump wasn’t aware the woman had a boyfriend and questioned how much he could have seen in just a few seconds of video.
Barron Trump watches as his father, President Donald Trump attends an indoor Presidential Inauguration parade event at Capital One Arena, in Washington, Jan. 20, 2025. (AP Photo/Evan Vucci, File)
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Trump never testified in the case. However, the judge praised him for his quick-thinking actions.
“Mr, Trump properly and responsibly, despite being in the United States, made sure the emergency services here were called, and he told them what he had seen,” he said.
The Associated Press contributed to this report.
World
EU Parliament unblocks key political hurdle in digital euro talks
Published on
EU lawmakers have overcome a key political hurdle in the negotiations of digital euro, making the project closer to approval, according to a draft text seen by Euronews.
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The Parliamentary rapporteurs involved in the legislation have found an agreement on the design of the digital euro, which will be able to function both online and offline.
The digital euro would be an electronic form of cash issued by the European Central Bank, designed to sit alongside banknotes and the payments services offered by commercial banks.
It has taken on new political weight as economic tensions between the EU and the US sharpen the debate over Europe’s reliance on American payment giants, such as Visa and Mastercard.
Under the European Commission’s proposal, digital euro users would have a wallet for both online and offline payments, with transactions designed so they are not trackable.
The situation in Parliament changed on Wednesday evening, when the centre-right politician Fernando Navarrete, who is the leading rapporteur on the file, announced the withdrawal of his position to reduce the scope of the digital euro to offline use only.
His position blocked the advancement of negotiations for months, jeopardising the whole legislative process, according to three sources familiar with the negotiations.
The political deadlock has pushed EU leaders to accelerate progress on the digital euro. At the European Council meeting on 19 March, they set a goal to have the digital euro legislation approved by the end of 2026.
With the Council, representing EU countries, having already adopted its position, the European Parliament is now the only institution left to advance the law.
“Thanks to our amendments and firm stance, we have finally broken the political deadlock on the digital euro. The distinction between online and offline has been removed, and it is now established as a single payment system,” Pasquale Tridico, the rapporteur for The Left, told Euronews.
However, lawmakers still need to agree on two key aspects: the “hold limits” and the “compensation.”
The hold limits determine the maximum amount a user can store in a digital euro wallet, while compensation sets out a model for reimbursing commercial banks that provide digital euro services.
Although negotiations are not yet complete, the text is expected to be voted on in the Parliament’s economy committee before the summer, according to a source familiar with the matter.
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