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Lisa Cook defending the Federal Reserve is a tactic to distract from her mortgage scandal.

Lisa Cook defending the Federal Reserve is a tactic to distract from her mortgage scandal.

Federal Reserve official Lisa Cook is facing criticism from Donald Trump, who claims she’s involved in mortgage fraud by allegedly indicating two primary residences. Cook, meanwhile, argues she is advocating for the independence of the Federal Reserve. One might think a court should determine this, yet it’s hard to take Cook’s claim of defending the […]

Allegations of mortgage fraud turn into a tool against Trump’s opponents

Allegations of mortgage fraud turn into a tool against Trump's opponents

Trump’s Retaliatory Claims of Mortgage Fraud Targeting Critics In a move that seems to reflect his contentious relationship with certain political opponents, President Trump has recently pointed fingers at alleged mortgage fraud, particularly focusing on key enemies. At least three notable critics of Trump are now embroiled in investigations by the Department of Justice concerning […]

Mortgage fraud accusations are used against Trump’s opponents

Mortgage fraud accusations are used against Trump's opponents

In a new development in his counteroffensive against perceived enemies, President Trump has turned to allegations of mortgage fraud as a weapon. At least three notable opponents of Trump are now under scrutiny from the Department of Justice related to their personal real estate dealings. Recently, Trump pointed to accusations against Lisa Cook, a Federal […]

Mortgage rates drop to 6.56%

Mortgage rates drop to 6.56%

Mortgage fees have reached a 10-month low, according to Freddie Mac’s latest report released Thursday. The average rate for benchmark 30-year fixed mortgages has dropped to 6.56%, down from last week’s 6.58%. Just a year ago, this figure stood at 6.35%. With purchasing power shrinking, only 28% of U.S. homes are now deemed affordable for […]

A Trump official claimed that Lisa Cook committed mortgage fraud involving two properties.

A Trump official claimed that Lisa Cook committed mortgage fraud involving two properties.

Federal Reserve Governor Lisa Cook is currently facing allegations of mortgage fraud, brought forth by officials from the Trump administration. She has pledged to legally contest the claims and resist efforts by former President Donald Trump to remove her from her position. Last week, Bill Prute, the Director of the Federal Housing Finance Agency, submitted […]

Trump Dismisses Fed Reserve Governor Lisa Cook amid Mortgage Fraud Claims

Trump Dismisses Fed Reserve Governor Lisa Cook amid Mortgage Fraud Claims

Trump Dismisses Governor Cook Over Mortgage Fraud Allegations President Donald Trump announced the firing of Governor Lisa Cook on Monday, citing allegations of mortgage fraud as the basis for his decision. In a letter shared on social media, Trump stated that there were sufficient grounds to remove her from her role. “I have determined that […]

Trump considers firing Lisa Cook from the Fed due to suspected mortgage fraud.

Trump considers firing Lisa Cook from the Fed due to suspected mortgage fraud.

President Donald Trump has issued a warning to Federal Reserve Governor Lisa Cook, threatening to dismiss her if she does not resign amidst allegations of mortgage fraud. This latest attack on the US central bank follows Trump’s continued criticism over their reluctance to lower interest rates and recent developments regarding significant improvements in Washington, DC. […]

Will Dismiss Fed Governor Lisa Cook If She Fails to Resign Following Mortgage Fraud Claim

Will Dismiss Fed Governor Lisa Cook If She Fails to Resign Following Mortgage Fraud Claim

Trump Threatens to Fire Fed Governor Over Fraud Allegations On Friday, former President Donald Trump expressed that he would dismiss Federal Reserve Governor Lisa Cook if she doesn’t resign amid allegations of mortgage fraud. “What she did is bad,” Trump remarked to journalists. He continued, stating, “So if she doesn’t resign, I’ll fire her.” Bill […]