Trump fired Fed Governor Lisa Cook over alleged mortgage fraud: What did she do?

Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump administration official and is vowing to fight back legally against President Donald Trump's effort to remove her.

Last week, Federal Housing Finance Agency Director Bill Pulte submitted a criminal referral to the Justice Department accusing Cook of improperly claiming residence status while obtaining mortgages for two homes in Ann Arbor, Michigan, and Atlanta, Georgia. Cook hasn't been charged with a crime, and it's unclear whether a DOJ investigation will result in charges being filed.

"We see mortgage fraud throughout the United States, it happens all the time, it's prosecuted all the time," Pulte said in an interview on FOX Business Network's "Making Money With Charles Payne" on Friday...