Trump's Attack on Lisa Cook
Donald Trump has been trying to fire Lisa Cook, a renowned economist and member of the Federal Reserve's Board of Governors, over claims of mortgage fraud.
However, it has been revealed that the administration's claims are based on a likely clerical error, and Cook has not been charged with any crime.
the alleged fraud was instead probably a clerical error
Ironically, the official who raised the issue, Bill Pulte, head of the Federal Housing Finance Agency (FHFA), has not even filed his own disclosure form with the SEC as required by his position as chairman of the board of Fannie Mae.
The administration's attempt to fire Cook has been framed as a case of "financial misfeasance" and "potentially criminal" behavior, despite the lack of evidence.
- Lisa Cook has not been charged with any crime
- The alleged fraud was likely a clerical error
- Bill Pulte has not filed his own disclosure form with the SEC
Author's summary: Trump's attack on Lisa Cook is based on unfounded claims of mortgage fraud.
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