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Housing Regulator Bill Pulte Sends SECOND Criminal Referral on Embattled Federal Reserve Governor Lisa Cook After She’s Allegedly Caught Lying on 3rd

Valletta

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"Per Bill Pulte:
Today, U.S. Federal Housing sent a 2nd Criminal Referral in the matter of Lisa D. Cook, related to a mortgage on a 3rd property and alleged misrepresentations about her properties to the United States Government during her time as Governor of the Federal Reserve. On April 7, 2021, Cook entered a 15-year mortgage for a condominium in Cambridge, MA, representing it as her “Second Home”. Only eight months later, on December 1, 2021, Cook signed an ethics form with the U.S. Government that this property was an “investment/rental property”. In subsequent filings from 2022 to 2025, Cook consistently listed this property as an investment/rental property, not a second home."

Don't be surprised if there are more.
 

Yttrium

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In subsequent filings from 2022 to 2025, Cook consistently listed this property as an investment/rental property, not a second home."
... Why can't it be both?

I mean, the horror! This kind of perfidious criminal activity must be punished to the fullest extent of the MAGA!
 
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Valletta

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... Why can't it be both?

I mean, the horror! This kind of perfidious criminal activity must be punished to the fullest extent of the MAGA!
Democrats put people in prison for trespassing at the Capitol. Now this Democrat is in charge of monetary policy for the nation, including interest rates, and she illegally falsified information twice and obtained a better interest rate for herself. You think this millionaire should continue to receive a huge salary at taxpayer expense with no penalty?
 
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Yttrium

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Democrats put people in prison for trespassing at the Capitol. Now this Democrat is in charge of monetary policy for the nation, including interest rates, and she illegally falsified information twice and obtained a better interest rate for herself. You think this millionaire should continue to receive a huge salary at taxpayer expense with no penalty?
I'm not sure exactly what the falsification is, but if she did break the rules, I'm all for penalties.

Without some clarification, it just seems like a weak case.
 
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Valletta

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I'm not sure exactly what the falsification is, but if she did break the rules, I'm all for penalties.

Without some clarification, it just seems like a weak case.
They have the documents and her signatures for her first charge, and so far she has not denied signing the documents. She could claim the documents are forgeries.
 
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Yttrium

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They have the documents and her signatures for her first charge, and so far she has not denied signing the documents.
'Kay. What's the law that she broke, and what are the criminal penalties? I don't know. Do you? Offhand, I don't know why she couldn't buy the place as a second home and then several years later decide to use it as an investment. But hey, let's go ahead and have a criminal investigation for fraud. I suspect the biggest challenge will be trying to get a judge to take the case seriously.
 
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Pommer

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The pursuit of justice is made all the sweeter by President Donald Trump getting to appoint a fourth person to the Federal Reserve’s board of governors, (August 7, Trump nominated Stephen Miran to succeed Adriana Kugler, who had resigned August 6th).

If these four see things Trump’s way, he’ll have effective control over fiscal policy.
What’s not to love!?
 
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Yttrium

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The pursuit of justice is made all the sweeter by President Donald Trump getting to appoint a fourth person to the Federal Reserve’s board of governors, (August 7, Trump nominated Stephen Miran to succeed Adriana Kugler, who had resigned August 6th).

If these four see things Trump’s way, he’ll have effective control over fiscal policy.
What’s not to love!?
Could you clarify how that might apply to this case?
 
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Pommer

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Could you clarify how that might apply to this case?
I thought my post was explcit enough.
A person who has bankrupted CASINOS and other businesses 6 times, will likely hold sway in determining how the fiscal policies of the Federal Reserve System are designed and implemented.

It could be a bumpy ride?
 
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Yttrium

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I thought my post was explcit enough.
A person who has bankrupted CASINOS and other businesses 6 times, will likely hold sway in determining how the fiscal policies of the Federal Reserve System are designed and implemented.

It could be a bumpy ride?
Sure, there's nothing like putting the robber barons in charge. I'm just a bit fuzzy about the implications for this particular case.
 
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Pommer

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Sure, there's nothing like putting the robber barons in charge. I'm just a bit fuzzy about the implications for this particular case.
President Trump had nominated two of the seven Governors of the Federal Reserve, with Ms Kugler’s resignation, he got a third with Mr Miran, he could get a fourth nomination if he could fire a Governor “for cause”; this appears to be in the works.
 
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