Larry Kudlo: Lisa Cook has been separated

When the job report appears on Friday, let’s hope that the work statistics office will put one government job, that is, former Federal Reserve Governor Lisa Cook. She was expelled by her president, President Donald Trump, Although she refuses to accept this for some reason.

In the end letter to Cook, Mr. Trump noticed a criminal referral against Cook submitted by the head of the Federal Housing Finance Agency, Bill Bouti. In his message, Mr. Trump said: “There is a sufficient reason for the belief that you may have made wrong statements about one or more mortgage agreements. For example, as detailed in criminal referral, you have registered one document that testifies that a property in Michigan will be your main course next year. When making the second.

In his message, Mr. Trump continued, “In light of your deceptive behavior and a potential criminal in a financial issue, I cannot have confidence in your integrity. At least, the behavior in question shows a kind of serious neglect of financial transactions that question your doubts about your competence and merit as a financial regulator.”

In my opinion, the evidence behind the allegations of fraud on the mortgage In Michigan, Atlanta, Georgia and Cambridge, Massachusetts are overwhelming. One of the lists was traded online for several weeks. We have seen it all. For this reason, I think Mrs. Cook wastes everyone by throwing legal smoke screens in court.

She pleads that President Trump did not show a “sufficient reason” to shoot it (the hat for Bayron York). However, since the Federal Reserve Law never specified the “reason”, it was President Trump who determines what constitutes the “cause”. I was holding the same opinion, even if the 1913 legislation was clear. But in reality it should be up to the CEO.

In fact, we have learned that she knew everything about the so -called mortgage defrauding and told us to the people of Biden when it was nominated and examined, then emphasized the federal reserve in 2022. But Baitins chose to overlook it and confuse it by confirming it in the Senate.

Since Mrs. Cook lied about her basic residence and these other matters, she was able to obtain preferential treatment for interest rates that were not available to ordinary Americans who play with rules and do not lie to mortgage requests. Mrs. Cook causes tremendous damage now To the federal reserve by its general rebellion against the allegations of installation. In fact, Jay Powell should hang it several weeks ago, as he did in several other cases. But of course, Powell always lacks the spine.

The latest defense of Cook is that these real estate lies were committed before the Federal Reserve. This is complete nonsense.

Usually, the examination process covers many previous years of different incomeJobs, and the date of the contract. It seems that her lies apparently accepted by Bidens talk about quantities of lack of integrity. It should have been unhappy from the beginning. Now see, I can continue to lack cash credentials. Or the fact that she woke up very.

But the reality here, the important point here, was expelled from its job by the CEO of the country. Certainly it should not be allowed to return to the Federal Reserve Building. It is certain that it is not allowed to attend the next FOMC meeting within two weeks. Not, of course, it must be allowed to vote at this meeting.