Bessent Repeats Call for Fed Review After Lisa Cook Incident

Treasury Secretary Scott Bessent has once again called for the Federal Reserve to conduct an internal review, citing the recent allegations regarding Fed board member Lisa Cook. Bessent believes that the mortgage-fraud allegations against Cook should be part of this examination. The request comes amid ongoing tensions between the Treasury Department and the Federal Reserve, as Bessent has previously called for a review of the central bank's operations and decision-making processes. The Treasury Secretary argues that such a review is necessary to ensure the Fed's integrity and public trust. While the specifics of the allegations against Lisa Cook are not clearly outlined in the article, Bessent believes that they are the kind of issues that should be addressed as part of the proposed internal review. The article does not provide any further details on the nature of the allegations or the potential implications for the Fed's leadership and decision-making.