Bill Bouti, director of the Federal Housing Agency, Bill Boltti, is discussing the alleged mortgage fraud committed by Federal Reserve Governor Lisa Cook about “earning money”.
The ruler of the Federal Reserve, Lisa Cook, faces allegations of fraud on the mortgage of the Trump administration and undertakes to respond legally against the president. Donald Trump Effort to remove it.
Last week, Bill Bouti, director of the Federal Housing Agency, Bill Polly, a criminal referral to the Ministry of Justice, who accused Cook of incorrectly putting residency while obtaining real estate loans to two houses in Ann Arbour, Michigan and Atlanta, Georgia. Cook has not been accused of a crime, and it is not clear whether the Ministry of Justice investigation will be charged.
“We see fraud in mortgage throughout the United States, it happens all the time, and it has been tried all the time,” Polly said in an interview on Fox Business Niter. “Earn money with Charles Pine” Friday.
“In the case of Mrs. Cook, it seems from what we can say, to be a flagrant fraud in the mortgage. She claimed that she lived in the state of Michigan, took a loan. Then she went and took another loan in Atlanta and said that both were the main headquarters of her.

Federal Reserve Governor Lisa Cook, the right, is facing allegations of fraud on the mortgage, which was raised by the Trump Bill Polly Administration Administration Officer. (Drew Angeler / Getty Images)
“You cannot do this in our mortgage market. You should be able to announce that it is a second house or an investment property. You have to fill these requests correctly,” I explained.
The lenders usually provide more favorable conditions when a drug is assigned as a basic leader, such as low interest rates, smaller payments, higher rates of loan to value when borrowing against property, and the most lenient lending standards such as debt rates to higher income.
Fraud in mortgage can be tried under federal laws and state laws, with penalties, including prison sentence and large fines. Civil penalties may include the loan that calls the loan immediately, increased mortgage risk, and the borrower can be prevented from obtaining future loans.
Revelation comes amid the Trump administration’s efforts to pressure Federal Reserve In reducing interest rates, which the president and his allies want to happen in the hope of strengthening the economy and reducing the cost of national debt service.
The president moved to Fire Cook on Monday, although it is unclear whether he had Legal authority To do this because this is the first time that the President of the United States has tried to remove the ruler of the Federal Reserve. Under the laws of Congress that govern the central bank, they may only be removed for “the cause” that is generally understood to apply to misconduct or misconduct.
Trump threatens to shoot the Cook Governor if he does not resign

President Trump threatened to shoot the Federal Reserve Chairman Jerome Powell, although he retracted the late presidential threats to end the Powell presidency in May 2026. (Kent Nishimura / Reuters)
Cook indicated that she intends to file a lawsuit to prevent Trump’s attempt to shoot it, which may leave the courts in setting a situation if a poly’s referral is sufficient to remove cooking in the absence of actual criminal charges or condemnation.
A spokesman for the Federal Reserve said in a statement on Tuesday that the central bank “will continue to perform its duties as shown under the law” and will abide by any ruling on the Cook case.
JP Morgan warns that the Federal Reserve Independence is at risk of pressure on Trump

FHFA Bill Polly director has previously published unfounded rumors that Federal Reserve Chairman Jerome Powell was considering the resignation of Trump’s pressure campaign. (Tom Williams / CQ-Roll Call, Inc via Getty Images; Andrew Harnik / Getty Images)
In a statement issued on Tuesday, Cook said, “President Trump claims to call me” for the reason “when there is no reason under the law, and he has no authority to do so. I will not resign. I will continue to do my duties to help the American economy as I have been doing since 2022.”
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After referring Bolt last week, Cook said that she “has no intention to intimidate in order to step down from my position because of some questions that were raised in a tweet,” adding that she takes “questions about my financial history seriously as a Federal Reserve member” and will collect facts to answer legitimate questions about this topic.
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