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Federal Reserve governor Lisa Cook declared in financial forms that her Atlanta property would be used as a “vacation home” and not her primary residence, according to documents obtained by NBC News that appear to undercut allegations of mortgage fraud by the Trump administration.
Federal Housing Finance Agency Director Bill Pulte and President Donald Trump, who has moved to fire Cook, have accused the central bank board member of passing off the property as her main residence for financial gain. Cook has repeatedly denied the allegation, and administration officials have not provided definitive evidence supporting their claims.
A loan summary from the Bank-Fund Staff Federal Credit Union in May 2021 reads: “Property Use: Vacation Home.” Additionally, public records in Fulton County, Georgia, reviewed by NBC News show that no tax exemptions available for a primary residence were sought by Cook.
A second document obtained by NBC News, Cook’s “questionnaire for national security positions," which was submitted to the Biden administration in late 2021 and later the Senate, lists a question that reads: “Please list all of your interests in real property, including additional homes, vacation homes, rental properties, and interests in trusts that may hold property.”
Cook responded by writing “2nd home” followed by the address of the Atlanta property.
The FHFA and the White House did not respond to requests for comment Friday evening on the documents, which were first reported by Reuters.
www.nbcnews.com
The WH doesn't want to talk about it, now. But it's not going away.
Federal Housing Finance Agency Director Bill Pulte and President Donald Trump, who has moved to fire Cook, have accused the central bank board member of passing off the property as her main residence for financial gain. Cook has repeatedly denied the allegation, and administration officials have not provided definitive evidence supporting their claims.
A loan summary from the Bank-Fund Staff Federal Credit Union in May 2021 reads: “Property Use: Vacation Home.” Additionally, public records in Fulton County, Georgia, reviewed by NBC News show that no tax exemptions available for a primary residence were sought by Cook.
A second document obtained by NBC News, Cook’s “questionnaire for national security positions," which was submitted to the Biden administration in late 2021 and later the Senate, lists a question that reads: “Please list all of your interests in real property, including additional homes, vacation homes, rental properties, and interests in trusts that may hold property.”
Cook responded by writing “2nd home” followed by the address of the Atlanta property.
The FHFA and the White House did not respond to requests for comment Friday evening on the documents, which were first reported by Reuters.
Lisa Cook's bank documents appear to contradict Trump administration's mortgage fraud allegations
President Donald Trump is seeking to remove Cook, a board member at the Federal Reserve, over claims that she falsified financial forms regarding a secondary home.
www.nbcnews.com
The WH doesn't want to talk about it, now. But it's not going away.
