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Fed Governor Lisa Cook claimed 2nd residence as 'vacation home,' undercutting Trump fraud claims

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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.

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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.

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Video: W.H.O. Chief Visits Ebola-Struck Region: ‘It’s Time to Move Fast’

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Video: W.H.O. Chief Visits Ebola-Struck Region: ‘It’s Time to Move Fast’

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W.H.O. Chief Visits Ebola-Struck Region: ‘It’s Time to Move Fast’

Dr. Tedros Adhanom Ghebreyesus, the director general of the World Health Organization, told The New York Times on a flight to the Democratic Republic of Congo that swift international support was necessary to contain the Ebola virus, which is spreading rapidly there.

“Of course there are different scenarios, but it’s in our hands. We move fast, we will catch up. If we don’t, it will be a very serious problem. So it’s time to really move fast.” A dire warning from the World Health Organization chief as we approach Ituri, the province at the center of Democratic Republic of Congo’s Ebola outbreak. More than 1,000 suspected Ebola cases and over 200 suspected deaths have been reported here. With no vaccines and no treatment for the virus species fueling the outbreak, containment is where immediate efforts should focus, health officials say. It’s not easy. Testing capacity is still very low. Protective supplies are short. Both the facilities for isolation and the region’s overall health care infrastructure are insufficient. “We cannot tell them what the problem is, Ebola is one but there are many problems and we have to listen to them.” It’s not the first Ebola outbreak for Congo, and as a glimmer of hope, officials say at least one health care worker was discharged earlier this week after recovering. But international commitments to fund their response aren’t enough. Only one-third of the needed funds have been delivered, the W.H.O. chief says. “Do you think the world is moving fast enough right now?” “It’s starting to understand now, but I still don’t think it’s enough.”

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Dr. Tedros Adhanom Ghebreyesus, the director general of the World Health Organization, told The New York Times on a flight to the Democratic Republic of Congo that swift international support was necessary to contain the Ebola virus, which is spreading rapidly there.

By Bethlehem Feleke, Michael Anthony Adams and Alisa Shodiyev Kaff

May 30, 2026

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Moscow, Taliban forge military alliance in power grab after US Afghanistan exit: reports

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Moscow, Taliban forge military alliance in power grab after US Afghanistan exit: reports

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Russia and the Taliban government in Afghanistan have signed a military cooperation pact, cementing an alliance that further solidifies Moscow’s influence in Central Asia, according to reports.

The deal, finalized Wednesday at an international security forum in Russia, followed a meeting between Russian Security Council Secretary Sergei Shoigu and Afghan Defense Minister Mohammad Yaqoob.

The Taliban Defense Ministry announced on X that Yaqoob had traveled to Russia to attend the conference.

Yaqoob is the Taliban’s former military chief and the son of Taliban founder Mullah Mohammad Omar.

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AL QAEDA REMAINS MOST DANGEROUS TERRORIST GROUP 24 YEARS AFTER 9/11, EXPERT WARNS

Russia and the Taliban government in Afghanistan have signed a new military-technical cooperation pact, cementing an alliance that solidifies Moscow’s influence in Central Asia. (Photo by Elke Scholiers / Getty Images)

Omar had formed a close alliance with Osama bin Laden and provided a safe haven from which al Qaeda planned the 9/11 terrorist attacks.

As of Thursday, neither Russia nor the Afghan side had shared the further details of the new military agreement.

“Afghanistan and Russia have long and historical relations. In this direction, we want to move further. We have expanded bilateral relations,” Yaqoob said at the meeting.

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The pact follows statements from a senior Russian security official who noted that Moscow has established a “full-fledged partnership” with Afghanistan’s ruling Taliban and is encouraging other countries in the region to expand cooperation with Kabul, Reuters reported.

The Taliban had regained power in August 2021, after overthrowing the U.S.-backed Afghan government run by President Ashraf Ghani.

In 2021, Russian President Vladimir Putin acknowledged the possibility of dropping Russia’s classification of the Taliban as a terrorist organization.

FORMER AFGHAN TRANSLATOR WARNS OF STARVATION, HUMANITARIAN CRISIS: ‘BACK TO WHERE WE STARTED IN 2001’

In 2021, Russian President Vladimir Putin acknowledged the possibility of dropping Russia’s classification of the Taliban as a terrorist organization. (Alexander Kazakov/Sputnik/Kremlin Pool Photo/AP, File)

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In 2024, he called the Taliban “allies in the fight against terrorism” and Russia became the first country to formally recognize the Islamic Emirate of Afghanistan.

“After several years of vacillation, Russia has become the first country in the world to officially recognize the Taliban government in Afghanistan,” Nikita Smagin, an expert on Iranian foreign and domestic policies, Islamism and Russia’s policy in the Middle East, said in a report from the Carnegie Endowment for International Peace.

“It’s more of a symbolic gesture than something driven by trade or economic considerations,” Smagin added, describing how when Taliban militants entered the Afghan capital in August 2021, “Russia was already deemed eligible for special treatment.”

“Its diplomatic mission was immediately provided with security, and Russian Ambassador Dmitry Zhirnov became the first foreign diplomat to meet with the new rulers of Afghanistan,” he explained.

On Wednesday, Shoigu also called for Western countries to unfreeze sanctioned Afghan assets.

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AFGHANISTAN’S ONLY WOMEN-LED RADIO STATION TO RESUME OPERATIONS AFTER TALIBAN LIFTS SUSPENSION

Russia has become the first country in the world to officially recognize the Taliban government in Afghanistan. (Photo by Elke Scholiers / Getty Images)

“We are convinced that Western countries should unfreeze blocked Afghan assets, fully recognize their responsibility for their 20-year presence in Afghanistan, and bear the burden of the country’s post-conflict reconstruction,” Shoigu said, according to reports.

“Moscow needs to take steps that will restore its image as an influential power that holds the initiative, and recognition of the Taliban regime serves precisely that purpose,” Smagin added.

“The status of the first country to establish official diplomatic relations with the Taliban government should ensure Russia has a leading role in discussions of regional security issues.”

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The recognition of the Taliban, he said, was an attempt by Russia to “prove itself as a leading global force that is not afraid to break established norms and set precedents for other countries.”

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Moscow continues to emphasize the need to work directly with Kabul as it faces severe, ongoing security threats from various rival Islamist militant groups operating throughout Central Asia and the Middle East, Reuters said.

Shoigu also said Moscow was building a “pragmatic dialogue” with the Taliban that included security, trade, culture and humanitarian support, the outlet reported May 14.

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Paris Saint-Germain wins the Champions League after penalty shootout victory against Arsenal

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Paris Saint-Germain won back-to-back Champions League titles after a 4–3 penalty shootout victory over Arsenal in Budapest. Following a 1–1 draw through extra time, Gabriel Magalhães missed the decisive spot kick to hand PSG the trophy.

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