In an effort to assist his cult leader in removing Lisa Cook from the Federal Reserve Board to install a MAGAt in her place that would follow the Malignant Fascist's orders, the Federal Housing Finance Agency's clownish head Bill "Poltroon" Pulte dug up Cook's mortgage paperwork and accused her of mortgage fraud. He actually referred her case to corrupt Attorney General Pam "Blondie" Bondi for possible criminal prosecution. Clever, right? Except her paperwork was apparently in order. From NBC News:
"Federal Reserve governor Lisa Cook declared in financial forms that her Atlanta property would be used as a vacation home' and not her primary residence, according to documents obtained by NBC News that appear to undercut the Trump administration’s allegations of mortgage fraud.
Federal Housing Finance Agency Director Bill Pulte and President Donald Trump, who has moved to fire Cook, have accused the central bank board member of passing off the property as her main residence for financial gain. Cook has repeatedly denied the allegation, and administration officials have not provided definitive evidence supporting their claims." (our emphasis)
Pulte didn't need "evidence" in order to please his cult leader. It was meant to pressure Lisa Cook and embarrass her. Pulte, an incompetent nepobaby from the Pulte housing empire, thought he had the goods on Cook, but it appears his smear and false allegations may boomerang, if Cook seeks redress and reputational damages from the clown in court, as she should.
Pulte has also reportedly been backstabbing Treasury Secretary Scott Bessent in private meetings with the MF, which resulted in a confrontation earlier this week at an exclusive Washington, D.C., club, where Bessent threatened to punch Pulte. We're sure Bessant's not the first one.
It's also come out that there's some mortgage paperwork problems in his own family, which we're sure won't be investigated. A clown in a regime of clowns.
(photo: American Banker)
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