Trump officials are accusing another one of the president’s political targets of mortgage fraud, highlighting a long-running issue in the housing industry.President Trump said Monday he was removing Federal Reserve governor Lisa Cook from her post,

Cook, the first Black woman to serve on the Fed's board, said that Trump has no authority fire her and her lawyer said that they would file a lawsuit challenging "this illegal action."

President Trump said he fired Fed Reserve Governor Lisa Cook in a social media post on Monday that included her apparent termination letter, where Mr. Trump alleges that Cook committed mortgage fraud.