Federal Reserve Governor Lisa Cook is accused of falsely claiming two homes as her primary residence to secure better mortgage terms. But documents reviewed by CNN show that Treasury Secretary Scott Bessent and Labor Secretary Lori Chavez-DeRemer did the same — taking out two mortgages in one year,

They argued that letting the Republican president remove Cook while her legal challenge to Trump's action is ongoing would threaten the U.S. central bank's independence and erode public confidence in...