The U.S. Department of Justice has launched a criminal investigation into Federal Reserve Board member Lisa Cook.

According to U.S. officials familiar with the matter, the U.S. Department of Justice has launched a criminal investigation into Federal Reserve Governor Cook and has issued subpoenas to determine whether she submitted false information in her mortgage application. The preliminary investigation is focused on Cook's property in Ann Arbor, Michigan.

Officials stated that investigators are utilizing a grand jury to advance the investigation. This probe follows two criminal referrals to the Department of Justice by Federal Housing Finance Agency Director Sandra Thompson.

Cook's attorney, Abbe Lowell, has not yet responded to requests for comment, and the Department of Justice has declined to comment. The scrutiny of Cook is the latest case in the Department of Justice's investigation into alleged mortgage fraud by opponents of Trump. Previously, the Department of Justice has launched similar investigations into New York Attorney General Letitia James and California Democratic Senator Adam Schiff. (The Wall Street Journal)