By Tyler Durden
Update (1730ET): It took all day but Fed Governor Lisa Cook finally offered a response to allegations that she committed mortgage fraud (in order to get better rates, ironically!). Of course, she played the victim card immediately and offered up future ‘facts’…
“I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” Cook said in a statement.
“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.”
One quick question… did you break the law or not?
Bill Pulte was quick to respond to the governor’s statement:
Write anything you or your attorneys want Miss Cook, you’ve been caught based on mortgage documents, not a tweet. It’s black and white. We go after people who commit mortgage fraud, and you signed the mortgage documents, no one else. And you did it within 14 days of each other. https://t.co/LIRK89Zaf8
— Pulte (@pulte) August 20, 2025
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Read Full Article Here…(zerohedge.com)
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