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Fed’s Lisa Cook pushes back on Trump firing threat, says she “never committed mortgage fraud”

Washington — Federal Reserve Governor Lisa Cook defended herself against allegations from the Trump administration that she made misrepresentations on mortgage documents, arguing in a new letter that she has “never committed mortgage fraud.” In the letter to the White House dated Wednesday, Abbe Lowell, Cook’s lawyer, said that attempting to fire Cook on the…

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As U.S.-Canada trade war escalates, Ontario Premier Doug Ford says Trump is “treating us like we’re Communist China”

As a budding trade war between the U.S. and Canada sparks a round of cross-border insults, the leader of Canada’s largest province told CBS News he’s hopeful that Canadian officials and President Trump’s team can reach an agreement — but cautioned that “no deal is better than a bad deal.” “He’s treating us like we’re…

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IRS proposal would force nonprofits to disclose fraud or terrorism convictions of leaders

Washington — The Trump administration is weighing a proposal to require nonprofits to disclose in their annual tax filings whether their top officials have been convicted of certain financial or terrorism-related crimes, sources with direct knowledge of the matter told CBS News. The IRS disclosure requirement would be added to the Form 990, the annual…

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Flock CEO apologizes for cases where surveillance technology was abused as company rolls out changes

The CEO of surveillance technology company Flock Safety apologized Thursday for instances where its data was misused by law enforcement officers and discussed changes the company is rolling out to its systems. Following a Washington Post report that police officers were accused in 46 cases of improperly using access to Flock’s license plate camera network,…

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