Bill Pulte accused Lisa Cook of mortgage fraud and urged Attorney General Pam Bondi to investigate
The post Bill Pulte accused Lisa Cook of mortgage fraud and urged Attorney General Pam Bondi to investigate appeared on BitcoinEthereumNews.com.
Bill Pulte, who runs the Federal Housing Finance Agency under President Donald Trump, confirmed Thursday that he filed a criminal referral against Federal Reserve Governor Lisa Cook for alleged mortgage fraud. Bill told Bloomberg Television the referral might lead to something bigger, saying Cook’s situation could ultimately help expose Jerome Powell, who still chairs the Federal Reserve. The allegations center on a pair of mortgages linked to Lisa. She reportedly claimed primary occupancy on both, which violates loan rules. “There was a tip that we received,” Bill said, adding that he pushed Attorney General Pam Bondi to launch a formal investigation. The referral was first reported Tuesday night, and by Wednesday morning, Trump posted online that Lisa “must resign, now!!!” as the White House weighed in. Bill also spent Wednesday publicly pressuring Lisa to quit or be removed. But Lisa fired back the same day. “I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” she said in a statement through a Fed spokesperson. “I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provide the facts.” Justice Department escalates referral while Palantir hunts fraud On Thursday, Ed Martin from the Justice Department sent a letter to Powell, saying Lisa’s case “requires further examination.” Prosecutors are now urging the Fed to remove her. Bill told Bloomberg this is routine work for his agency. “Sometimes I do multiple per day and certainly multiple per week,” he said. “And my agency, along with the inspector general in my agency, works hand in hand with the Department of Justice. Has done it under the Biden administration, did it under…
Filed under: News - @ August 21, 2025 10:29 pm