The Justice Department said Thursday that it has officially initiated a criminal investigation into Federal Reserve Governor Lisa Cook, accompanied by the issuance of subpoenas as part of the inquiry.

The investigation comes as Cook sues President Donald Trump in federal court over her firing from the panel of central bankers that is tasked with charting the nation’s economic path.

The fraud allegations Trump cited in his move to fire her were first leveled by Bill Pulte, a Trump appointee to the federal agency that regulates Fannie Mae and Freddie Mac. In two separate referrals to the Justice Department, Pulte linked Cook to a trio of mortgages she took out before she joined the nation's central bank.

The loans, tied to properties in Michigan, Georgia, and Massachusetts, have drawn

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