Pulte renews mortgage fraud allegations against Lisa Cook after Supreme Court ruling
Cook became the first Black woman on the Federal Reserve board to face a presidential firing attempt, a legal fight now headed back to the Supreme Court.
- Following the Supreme Court's Monday ruling blocking President Trump's removal attempt, Bill Pulte, Director of the Federal Housing Finance Agency, renewed mortgage fraud allegations against Federal Reserve Governor Lisa Cook.
- Pulte asked the Justice Department last year to launch criminal investigations into Cook, alleging crimes regarding her mortgage applications; this request bypassed agency rules designed to prevent partisan abuse of power.
- The Supreme Court's Monday decision affirmed that the Federal Reserve must make policy decisions guided by evidence and independent judgment, refusing to allow the administration to remove Cook and protecting central bank autonomy.
- Cook's legal battle coincides with a hawkish shift at the Federal Reserve under Chair Warsh, who has signaled support for rate hikes to combat inflation amid internal policy tensions.
- Trump vowed to press the case at the trial court level, a process legal analysts suggest could take months, keeping the threat to Cook's tenure active and ongoing.
10 Articles
10 Articles
Waterloo Cedar Falls Courier
News & RecordFed official made history before battling Trump
Federal Reserve Gov. Lisa Cook was the first U.S. central banker to be targeted for firing by any president. She is no stranger to being first, or to being targeted.
Pulte reiterates mortgage fraud allegation against Lisa Cook after SCOTUS ruling
Federal Housing Finance Agency Director Bill Pulte reiteratedallegations Monday that Federal Reserve Board Director Lisa Cook committed mortgage fraud, after the Supreme Court rejected the Trump administration’s bid to let it fire her. Pulte filed a criminal referral against Cook to the Justice Department last year, claiming she committed mortgage fraud by allegedly listing a...
Cook Ruling Marks the Latest Setback for Pulte’s Fraud Campaign
The Supreme Court’s decision Monday to leave Federal Reserve Governor Lisa Cook in her job for now is a blow to the Trump administration’s monthslong crusade to fire her over alleged mortgage fraud.
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