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No evidence of primary residence violation by Fed Gov Lisa Cook, says Michigan official
Ann Arbor officials confirm no violation of property tax rules by Federal Reserve Governor Lisa Cook despite Trump administration's allegations of mortgage fraud.
- Federal Reserve Governor Lisa Cook secured mortgages for homes in Michigan and Atlanta in 2021 amid accusations regarding her loan disclosures.
- The Trump administration alleged Cook lied about the primary residence status to lenders, while Cook and her attorneys deny wrongdoing and dispute these claims.
- Ann Arbor property records and tax authority officials found no evidence Cook violated rules, noting that temporary absences or short-term rentals do not disqualify tax exemptions.
- Cook's loan rates were higher than prevailing market rates, and experts said disclosure of a vacation home could support her defense against fraud allegations.
- An appeals court is expected soon to decide if Cook can remain in her Federal Reserve role amid ongoing litigation linked to the Trump administration's efforts to remove her.
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No evidence of primary residence violation by Fed Gov Lisa Cook, says Michigan official
The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn't broken rules for tax breaks on a home there that Cook declared her primary residence.
·United States
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Exclusive: No evidence of primary residence violation by Fed Gov Lisa Cook, says Michigan official
The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn’t broken rules for tax breaks on a home there that Cook declared her primary residence.
·United Kingdom
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Coverage Details
Total News Sources5
Leaning Left0Leaning Right0Center4Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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