Federal Reserve governor Lisa Cook is the latest target of one of the Trump administration's new pathways to pursue its perceived enemies: alleged mortgage fraud.

The big picture: Trump has waged a revenge tour from his seat in the White House, with prominent members of his grudge list now facing probes from a MAGA-aligned DOJ. • If the accusation against Cook evoked a sense of déjà vu, that's because the Trump administration is also investigating Sen. Adam Schiff (D-Calif.) and New York Attorney General Letitia James (D) on similar grounds.

Driving the news: Federal Housing Finance Agency Director Bill Pulte, a Trump ally, referred Cook to the DOJ over allegations she "falsified bank documents and property records to acquire more favorable loan terms, potentially committing mortgage f

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