Trump Administration Expands Mortgage Fraud Allegations to Federal Reserve Governor
Three Democratic Party officials have been charged with mortgage fraud brought before the administration of President Donald Trump over the last several weeks. The most recent claim surfaced on Wednesday, when Trump, who has been openly critical of the interest rate policies set by the Federal Reserve, went to his Truth Social site to demand the resignation of Federal Reserve Governor Lisa Cook, claiming she must resign immediately.
This post followed a letter from Federal Housing Finance Agency Director William J. Pulte to Attorney General Pam Bondi in which he accused Cook, appointed by President Joe Biden, of falsifying bank documents and property records to obtain more favorable loan terms. Pulte’s letters charged that Cook had misstated her residences for homes in Ann Arbor, Michig...