The Trump administration has been targeting Lisa Cook, a member of the Federal Reserve's Board of Governors, over claims of mortgage fraud. However, it has been revealed that Bill Pulte, the head of the Federal Housing Finance Agency (FHFA) who raised the issue, has not even filed his own disclosure form with the SEC as required by his position as chairman of the board of Fannie Mae.
Trump's attempt to fire Lisa Cook ended up before the Supreme Court, where lawyers for the administration claimed that her firing is merited due to "financial misfeasance."
Despite Cook not being charged with any crime, the administration has continued to frame the issue as "potentially criminal" and termination-worthy. Additional loan documents suggest that the alleged fraud was likely a clerical error.
Author's summary: Trump administration targets Lisa Cook over disputed mortgage fraud claims.