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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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The Barbarian

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Well, there goes another diversion attempt.

To be fair here, Trump really wanted to get the Fed under his personal control. It wasn't just about diversion. Too bad reality intervened.
 
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FreeinChrist

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The Barbarian

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Pulte, who managed to buy his way into his role at Fannie Mae, is making a false accusation.
Given his background and current performance, that's no great surprise.

 
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DaisyDay

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Bill Pulte's father and stepmother apparently committed the fraud he baselessly accuses others of.


Exclusive: Bill Pulte accused Fed Governor Lisa Cook of fraud. His relatives filed housing claims similar to hers
  • Summary
  • Pulte father, stepmother claim dual homestead exemptions in Michigan, Florida
  • Michigan revokes Pulte exemption after Reuters inquiry
  • Bill Pulte accuses Fed governor of similar dual residency claims
Mark and Julie Pulte, the father and stepmother of Bill Pulte, President Donald Trump’s appointee as director of the Federal Housing Finance Agency, since 2020 have claimed so-called “homestead exemptions” for residences in wealthy neighborhoods in both Michigan and Florida, according to the records. The exemption is meant to give a discount to homeowners on taxes for properties they use as their primary residence.

Local tax officials in both states told Reuters that claiming more than one home as a primary residence isn’t generally allowed in their jurisdictions and could be punishable by fines or back taxes. After Reuters contacted tax officials in Bloomfield Township, Michigan, to inquire about the dual claims, Darrin Kraatz, director of assessing, on Thursday said the township “as of today” would revoke the exemption on the Pultes’ residence there.
According to public real estate records, and a resident at the Michigan house on Thursday evening, the home was rented out by the Pultes this year, a move that also violates rules for the exemption. “Revised tax bills will be issued to the Pultes, including all applicable penalty and interest,” Kraatz said by email. He didn’t respond to a follow-up question about the value of any payment now due and Reuters couldn’t determine a precise figure for previous tax payments they have made.
So, not only mortgage fraud, but tax fraud as well. Glass house/stones.
 
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The Barbarian

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Exclusive: Bill Pulte accused Fed Governor Lisa Cook of fraud. His relatives filed housing claims similar to hers
He fits right into this administration, doesn't he?
 
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FreeinChrist

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He fits right into this administration, doesn't he?
Yep, there are three cabinet members who have multiple primary residences.


But if administration officials continue the campaign, mortgage records show there’s another place they could look: Trump’s own Cabinet.​
Underscoring how common the practice is, ProPublica found that at least three of Trump’s Cabinet members call multiple homes their primary residences on mortgages. We discovered the loans while examining financial disclosure forms, county real estate records and publicly available mortgage data provided by Hunterbrook Media.​
Labor Secretary Lori Chavez-DeRemer entered into two primary-residence mortgages in quick succession, including for a second home near a country club in Arizona, where she’s known to vacation. Transportation Secretary Sean Duffy has primary-residence mortgages in New Jersey and Washington, D.C. Lee Zeldin, the Environmental Protection Agency administrator, has one primary-residence mortgage in Long Island and another in Washington, D.C., according to loan records.​
 
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The Barbarian

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Underscoring how common the practice is, ProPublica found that at least three of Trump’s Cabinet members call multiple homes their primary residences on mortgages. We discovered the loans while examining financial disclosure forms, county real estate records and publicly available mortgage data provided by Hunterbrook Media.
No one is surprised in the least. Remember, their boss is a criminal, convicted of fraud and once had to pay $25 million to people who trusted him in his fake "Trump University" scam.
 
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Yarddog

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Democrats put people in prison for trespassing at the Capitol.
That is incorrect. Trespassing is a misdemeanor and no one was put in prison for trespassing. Those whose only charge had to do with trespassing either had the charge dismissed or received light charges like community service.
You think this millionaire should continue to receive a huge salary at taxpayer expense with no penalty?
No one has proven that she is guilty but Trump did far worse and receives his salary and plays golf regularly on the tax payer's dime.
 
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