"Perhaps so, but it now appears that when Cook applied for the loan on the Atlanta property, she disclosed to her credit union that it would be a vacation home (not her primary residence). Moreover, when she was nominated for the Fed and subject to the confirmation process, she similarly explained to the government that the Atlanta property was a second home (again, not her primary residence)."
"Trump fired Cook based on an allegation from loyalist Bill Pulte, who Trump has appointed to head up the Federal Housing Finance Agency. Pulte has also been behind allegations of mortgage fraud related to Trump enemies Sen. Adam Schiff (D-CA) and New York Attorney General Letitia James (D). Pulte accused Cook of declaring both a home in Michigan and one in Georgia as her primary residence, which would constitute fraud."
President Donald Trump removed Federal Reserve governor Lisa Cook after Bill Pulte alleged she committed mortgage fraud by claiming both a Michigan home and an Atlanta property as her primary residence. Reuters reporting undermines the allegation by showing Cook disclosed the Atlanta property to her credit union as a vacation home and identified it to government officials during confirmation as a second home. Pulte has previously made similar mortgage-fraud accusations against Sen. Adam Schiff and New York Attorney General Letitia James. To date, no person referred by Pulte has been criminally charged in connection with these allegations.
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