adminFederal Reserve Governor Lisa Cook is facing serious allegations that should concern every American taxpayer. A Trump appointee has accused her of mortgage fraud involving claims of having two primary residences in different states. This isn’t just about money – it’s about trust in our financial institutions.
Bill Pulte, who works for an agency that oversees Fannie Mae and Freddie Mac, says Cook falsified documents to get better loan deals. He claims she listed homes in both Michigan and Georgia as primary residences in 2021. That’s exactly the kind of scheme that hurts honest homebuyers across America.
The allegations are so serious that Pulte sent a criminal referral to the Justice Department on August 15th. He accused Cook of falsifying bank documents and property records. These are federal crimes that would land regular Americans in prison.
Instead of stepping down and clearing her name, Cook is doubling down and suing President Trump. She claims she won’t be bullied into resigning from her powerful position. This is typical behavior from Washington elites who think they’re above the law.
Cook sits on the Federal Reserve Board, which controls interest rates that affect every American family. Mortgage rates, credit card rates, and business loans all flow from decisions she helps make. Can we trust someone facing fraud allegations to make honest decisions about our economy?
The Federal Reserve says they’ll follow whatever the courts decide, but that’s not good enough. Americans deserve leaders with spotless records, especially those controlling our money supply. Cook should step aside immediately while these serious charges are investigated.
This scandal shows why President Trump’s tough approach to government corruption matters so much. He appointed people like Pulte who aren’t afraid to hold powerful Democrats accountable. That’s the kind of leadership working families need.
While Democrats focus on political games, real Americans are struggling with high prices and expensive loans. We need Federal Reserve governors who fight for families, not officials under investigation for cheating the very system they’re supposed to protect.
