The official was indicated by an alleged “mortgage fraud.” The director of the Federal Housing Financing Agency (FHFA) asked to investigate it.
The president of USA Donald Trump on Wednesday asked for the resignation of the governor of the Lisa Cook Federal Reserve. It was in order to investigate it for alleged fraud.
Trump’s measure was framed in allusion to a call from the director of the Federal Housing Financing Agency (FHFA) for him Department of Justice Investigate Cook for an alleged mortgage fraud.
The director of the FHFA Bill pultewho is also Trump’s ally, wrote a letter to Attorney General Pam Bondi urging her to investigate Cook.
Donald Trump asked for the resignation of the governor of the Fed Lisa Cook
About suggested that the FED official could have committed a criminal offense. The letter, according to Bloomberg, argues that Cook “falsified bank documents and property records to acquire more favorable loan terms by committing mortgage fraud under the criminal statute. “
USA Federal Reserve
It is not the first time that Trump’s administration accuses high -profile Democrats of mortgage fraud: he also did it with the California senator Adam Schiff and New York Attorney General Letitia James.
The Department of Justice, as the Fed and the Cook itself did not issue comments, were not yet presented.
Cook was nominated for the Fed by President Joe Biden and took possession of his position in 2022. He was subsequently nominated by the former president for a complete mandate that expires in 2038.
Global markets maintain caution and operate in red waiting for fed novelties
The most important indices of Wall Street They operate downward in pre -criteria, a trend that is observed in some European bags and Asia. To the precaution prior to the annual conference of the Federal Reserve (Fed) in Jackson Holethe growing doubts are added to technology companies and a possible bubble in the sector of the Artificial Intelligence (AI).
On Monday, Sam Altmandirector of OpenAIhe referred to the inevitable bubbles in the sector, a comment that occurred before quarterly nvidia balancewhich will be published next week and the concern for the implications that the participation of the US government in Intel would have.
Source: Ambito
