Posted on 08/20/2025 6:00:35 PM PDT by E. Pluribus Unum
A top official at the US Federal Reserve says she will not be "bullied" after President Donald Trump called for her resignation over an allegation of mortgage fraud.
Governor Lisa Cook has been accused of falsifying documents and property records in a bid to get more favourable home loan. She said the claim stemmed from an application before she joined the central bank.
The Trump administration is also pursuing mortgage fraud investigations against Senator Adam Schiff and New York Attorney General Letitia James, both political antagonists of the president.
Trump has been seeking more influence over the US central bank and has repeatedly criticised its decision not to lower interest rates.
In a letter addressed to Attorney General Pam Bondi - and posted on X on Wednesday - housing finance regulator, Bill Pulte, a Trump ally, alleged that Cook had falsified documents for properties in Michigan and Georgia, saying they were her primary residence, potentially amounting to criminal mortgage fraud.
The housing finance regulator called the letter a "criminal referral" and urged the justice department to investigate.
Pulte also posted a photo of signatures, commenting: "Lisa Cook says she will answer all legitimate questions. Let's start with this. Are these your signatures on Mortgages?"
While no investigation has been disclosed, Trump took to his Truth Social media platform on Wednesday to post: "Cook must resign, now!!!"
Cook, who was appointed by Trump's predecessor, Democrat Joe Biden, in 2022, told the BBC in a statement that she learned of the allegations from the media and the matter stemmed from a mortgage loan application made four years ago.
"I have no intention of being bullied to step down from my position because of some questions raised in a tweet," she said.
"I do intend to take any questions about my financial history...
(Excerpt) Read more at bbc.com ...
Snotty attitude written all over her face!
She will simply need to be fired. Never mind any vestiges of diplomacy. She feels entitled to continue her skimming, twisting and ‘Cooking’ of the governmental budget books.
Can her now!
Her best move is probably to encourage a rate cut
Adam Schiff: Mortgage fraud
Letitia James: Mortgage fraud
Lisa Cook: Mortgage fraud..
NEXT !!!!
Oh...well, in that case, no problemo. Forget we even raised the possibility you are a crook.
...except in Adam "Mortgage Crook" Schiff's case, it wasn't them.
True.
What's with so many whining about being "bullied" these days? Enter the political big leagues and expect to take shots. Enter public service and expect transparency.
BBC darn near says she lied: "Governor Lisa Cook has been accused of falsifying documents and property records in a bid to get more favourable home loan. She said the claim stemmed from an application before she joined the central bank."
So what?
So she won’t be bullied? She’ll be gone in a week.
Can he not fire her, or order someone to fire her?
Bullied, no. Fired, yes. Convicted, maybe.
Al Capone; Tax fraud
She’s another Letitia James, and just as ugly.
She’s one of those who thinks she’s entitled.
She looks pretty unintelligent.
They can’t claim mortgage fraud is a minor offense because they NAILED (falsely) Donald Trump on mortgage fraud. Karmatic Kickback is a bitch.
She won’t be bullied.
She’s just another criminal with a race chip on her shoulder.
Time to knock it off and do the time. Crook.
I don’t know how they do it but Getty has the best pictures. Can’t post them here.
She’s had her chance, prosecute.
Oh look. Another snot-nosed arrogant lefty with a chip on her shoulder.
Prosecute her, lock her up, and melt down the key!
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