Tag: Bill Pulte

Federal Reserve shake-up: Trump removes Governor Lisa Cook after mortgage fraud referral
Aug, 26 2025 Benjamin Calderwood

Federal Reserve shake-up: Trump removes Governor Lisa Cook after mortgage fraud referral

President Trump removed Fed Governor Lisa Cook after FHFA Director Bill Pulte accused her of mortgage fraud tied to two properties labeled as primary residences within two weeks in 2021. Cook denies wrongdoing and says the loan predated her Fed service. A criminal referral went to Attorney General Pamela Bondi. The move raises legal questions about presidential power to fire Fed governors and the future of Fed independence.

More

Recent-posts

Lady Gaga's Stirring Tribute to Bourbon Street Victims Astonishes Super Bowl Fans

Alperen Sengun's Player Prop Bets: Exploring Key Picks for Houston Rockets vs. Utah Jazz Matchup

Ryan Garcia Stunned by Rolando Romero: Boxing World Reacts to Welterweight Upset in Times Square

Valentine's Day Funeral Blends Faith, Love, and Reflection

Fatal Virginia Beach Traffic Stop Leaves Two Officers Dead and Community Shaken