The Trump administration has been targeting Lisa Cook, a Federal Reserve Board member, over alleged mortgage fraud. However, it has been revealed that Bill Pulte, the chairman of the Federal Housing Finance Agency (FHFA), who has been leading the charge against Cook, has not even filed his own disclosure form with the SEC as required.
Despite Cook not being charged with any crime, the administration claims that her alleged actions are "potentially criminal" and worthy of termination. Additional loan documents suggest that the alleged fraud was likely a clerical error.
The administration has framed Cook's actions as "financial misfeasance" and "potentially criminal", despite lack of evidence.
Author's summary: Trump administration's attack on Lisa Cook exposed as hypocritical.