Homebuyers can get lower mortgage rates or smaller down payments on their primary homes compared to second or vacation homes. Cook also referred to it as a second home in federal filings during her confirmation process to become a Fed governor. “These allegations are as baseless now as they were a year ago when President Trump tried to remove Governor Cook and interfere with the independence of the Federal Reserve,” Lowell said in a statement. “No matter what President Trump tries to do next, this much is clear under the facts and Supreme Court precedent — there is no valid cause for removing Governor Cook. The post Trump tries again to fire Fed governor Lisa Cook after narrow Supreme Court decision, renewing battle over central bank independence appeared first on Fortune.