Politics8/20/2025Bloomberg

Trump Ally Calls on Bondi to Probe Fed’s Cook Over Mortgages

Trump Ally Calls on Bondi to Probe Fed’s Cook Over Mortgages

In a letter, the director of the Federal Housing Finance Agency urged Florida Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over her mortgages. This move is part of a broader effort by the Trump administration to increase legal scrutiny of Democratic figures and appointees. The letter alleges that Cook may have received favorable treatment on her mortgages, which could be seen as a conflict of interest or abuse of power. However, the details and merits of the allegations have not been fully disclosed or substantiated. The article suggests that this investigation is part of a larger political strategy to target and undermine Democratic-affiliated individuals and institutions. The motives and potential implications of this investigation remain unclear, and the article cautions that the claims should be evaluated with objectivity and due diligence.

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