Politics8/29/2025Bloomberg

Cook Scrutiny Builds After Criminal Referral Over Third Mortgage

Cook Scrutiny Builds After Criminal Referral Over Third Mortgage

Federal Housing Finance Agency Director Bill Pulte has submitted a new criminal referral against Federal Reserve Governor Lisa Cook, further escalating the Trump administration's efforts to scrutinize her. The referral alleges that Cook committed mortgage fraud, though the details of the accusation are not provided in the article. This move comes as the administration has been putting increased pressure on Cook, who is a member of the central bank's board. The article does not provide any additional context or information regarding the nature of the allegations or the potential consequences for Cook. It remains to be seen how this developing situation will unfold and what implications it may have for Cook's position on the Federal Reserve board.

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