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fromwww.aljazeera.com
1 week agoUS Fed Governor Cook offers detailed defence in mortgage fraud case
Cook's lawyer Abbe Lowell said the criminal referrals Pulte made against her fail on even the most cursory look at the facts. The two separate criminal referrals Pulte made fail to establish any evidence that Cook intentionally deceived her lenders when she obtained mortgage loans for three properties in Michigan, Georgia and Massachusetts, the letter said. Lowell also accused Pulte of selectively targeting Trump's political enemies while ignoring similar allegations against Republican officials, The Wall Street Journal reported.
US politics
fromFortune
1 week agoFed governor accused of mortgage fraud blasts case as 'baseless,' based on 'one stray reference' about a primary residence | Fortune
It was the first time a president has sought to remove a Fed governor in the central bank's 112-year history. Cook sued to keep her job, and the Supreme Court ruled last month that she could remain in the position while she fights the administration in court. The Supreme Court has said it would hear arguments in the case in January.
US politics
US politics
fromAbove the Law
2 months agoTrump Asks Supreme Court To Pretend It Didn't Just Tell Him He Can't Fire The Fed - Above the Law
Trump asked the Supreme Court to permit an injunction allowing him to fire Federal Reserve governor Lisa Cook, testing presidential removal power after recent Court rulings.
US politics
fromAdvocate.com
2 months agoScott Bessent's mortgage history undercuts Trump's case to oust Fed governor Lisa Cook
Scott Bessent listed two homes as primary residences on mortgages without penalty while Lisa Cook faced accusations and firing for similar residence-designation inconsistencies.
US politics
fromwww.mediaite.com
2 months agoJUST IN: Bombshell Report Links Trump Cabinet Members to Same Alleged Fraud' Over Which Trump Tried to Oust Fed Gov.
Multiple Trump cabinet members declared multiple homes as primary residences on mortgages, the same tactic that sparked allegations against Federal Reserve Governor Lisa Cook.
US politics
fromBusiness Insider
2 months agoBill Pulte scrapped a press conference about Lisa Cook ahead of reports that she's under criminal investigation
The Justice Department opened a criminal investigation into Federal Reserve Governor Lisa Cook, using grand juries and subpoenas after allegations from FHFA head Bill Pulte.
fromBusiness Insider
2 months agoDOJ hammers Lisa Cook for not explaining mortgage document problems as Trump tries to push her out of Fed
Justice Department lawyers hammered Lisa Cook for not providing any explanation for apparent irregularities in her mortgage filings, telling a federal judge there was no reason to keep her in her role at the Federal Reserve. The DOJ lawyers said President Donald Trump's firing of Cook from the central bank's board of governors should take effect, and that Trump had no obligation to give her additional chances to argue she didn't do anything wrong.
US politics
US politics
fromwww.mediaite.com
2 months agoFox News' Brit Hume Calls Out Trump Ally Ken Paxton for Being Guilty of Same Infraction as Fired Fed Governor
Ken Paxton allegedly declared three different homes as his primary residence on mortgage documents, mirroring the residency declarations that prompted Lisa Cook’s removal.
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