Federal Housing Finance Agency, Cook and Pulte
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The Trump administration is attempting to oust another Federal Reserve official, and the attack is being led by a familiar figure: top housing regulator Bill Pulte. The big picture: Pulte accused Federal Reserve governor Lisa Cook of mortgage fraud,
The head of the FHFA, who has also targeted Jerome Powell, accused Lisa Cook of claiming two properties as her primary address on mortgage applications.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn't leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
The clip promotes Trump's "Great American Mortgage Corp." branding, linking it to Fannie Mae and Freddie Mac as in his earlier stock-offering post.
He’s become a top voice for ousting Federal Reserve Board Chair Jerome Powell and posts to social media constantly, like his boss in the Oval Office.
What just happened? On Wednesday, Federal Housing Finance Agency director Bill Pulte claimed that Fed governor Lisa Cook had committed mortgage fraud by claiming two different primary residences on loans, and that President Donald Trump had “great cause ...
Federal Housing Finance Agency (FHFA) director William Pulte on Wednesday accused Federal Reserve Governor Lisa Cook, a Biden appointee, of mortgage fraud. President Trump then demanded her resignation. Where this goes is hard to know, but it’s an ...