{"id":52907,"date":"2025-08-26T00:44:55","date_gmt":"2025-08-26T00:44:55","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=52907"},"modified":"2025-08-26T00:44:55","modified_gmt":"2025-08-26T00:44:55","slug":"breaking-president-trump-fires-biden-appointed-federal-reserve-governor-lisa-cook-amid-mortgage-fraud-allegations","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=52907","title":{"rendered":"BREAKING: President Trump Fires Biden-Appointed Federal Reserve Governor Lisa Cook Amid Mortgage Fraud Allegations"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" width=\"640\" height=\"336\" src=\"https:\/\/i0.wp.com\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/08\/img_8261-1200x630.jpeg?resize=640%2C336&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" \/><\/p>\n<p>Promises made, promises kept.<\/p>\n<p>President Trump on Monday evening fired Biden-appointed Federal Reserve Governor Lisa Cook amid mortgage fraud allegations.<\/p>\n<p>\u201cPursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913, as amended, you are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately,\u201d President Trump wrote in a letter to Lisa Cook.<\/p>\n<div class=\"tgp-post-inline-1\">\n<div class=\"adcovery-postinline-01\"><\/div>\n<\/div>\n<p>\u201cI have determined that there is sufficient cause to remove you from your position,\u201d Trump added as he cited housing regulator Bill Pulte\u2019s criminal referral on Lisa Cook for mortgage fraud \u2013 specifically occupancy fraud. <\/p>\n<figure aria-describedby=\"caption-attachment-1443152\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" src=\"https:\/\/i0.wp.com\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/08\/e31be91b2ba1fae2.jpg?resize=640%2C822&#038;ssl=1\" alt=\"\" width=\"640\" height=\"822\" class=\"size-full wp-image-1443152\" \/><figcaption class=\"wp-caption-text\">Trump fires Lisa Cook<\/figcaption><\/figure>\n\n<p>Special Prosecutor Ed Martin is currently investigating Lisa Cook for mortgage fraud and falsifying bank statements.<\/p>\n<p>According to housing regulator Bill Pulte\u2019s criminal referral, Lisa Cook committed mortgage fraud by lying on her mortgage application and falsifying bank statements when she designated her out-of-state Atlanta condo as her \u201cprimary residence\u201d\u2014just two weeks after taking a loan on her Michigan home, which she also claimed as her \u201cprimary residence.\u201d<\/p>\n<p>By claiming \u201cprimary residence\u201d on her out-of-state condo, Lisa Cook received more favorable loan terms and a lower interest rate.<\/p>\n<p>On June 18, 2021, Cook acquired a loan on a property in Ann Arbor, Michigan. On the mortgage agreement, Cook represented to \u201cuse the Property as Borrower\u2019s principal residence within 60 days after the execution of her agreement, Pulte said.<\/p>\n<p>On July 2, 2021, just two weeks later, Lisa Cook also purchased a condo in Atlanta and entered a 30-year mortgage agreement and affirmed the property would serve as her primary residence within 60 days of the execution of the mortgage and would serve as her primary residence for a full year, Pulte\u2019s referral said.<\/p>\n<p>According to Pulte, while Cook affirmed her Atlanta property would serve as her primary residence, online records indicate that the property was listed for rent in September 2022.<\/p>\n<p>\u201cWhile the property was listed for rent in 2022, a review of Ms. Cook\u2019s federal government financial disclosures for calendar years 2022 and 2023 indicate that she has not disclosed any rental income tied to this address,\u201d Pulte wrote in his criminal referral.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">U.S. Federal Housing FHFA, alleges in a Criminal Referral to the Department of Justice that Federal Reserve Governor, Lisa D. Cook, committed mortgage fraud by designating her out of state condo as her primary residence, just two weeks after taking a loan on her Michigan home\u2026 <a href=\"https:\/\/t.co\/3hlknQ4yzF\">pic.twitter.com\/3hlknQ4yzF<\/a><\/p>\n<p>\u2014 Pulte (@pulte) <a href=\"https:\/\/twitter.com\/pulte\/status\/1958111353505189889?ref_src=twsrc%5Etfw\">August 20, 2025<\/a><\/p>\n<\/blockquote>\n<p>Bill Pulte dropped more receipts on Friday morning.<\/p>\n<p>\u201cWe have obtained a document Lisa Cook submitted to the U.S. Government while serving as Federal Reserve Governor. In it, on February 28, 2023, she represents to the U.S. Government that the Atlanta Property is her PERSONAL RESIDENCE,\u201d Pulte said.<\/p>\n<p>\u201cHowever, Lisa Cook, as a then-sitting Fed Governor and six months earlier, on September 1, 2022, appears to have listed that same property for RENT,\u201d Pulte added.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We have obtained a document Lisa Cook submitted to the U.S. Government while serving as Federal Reserve Governor. In it, on February 28, 2023, she represents to the U.S. Government that the Atlanta Property is her PERSONAL RESIDENCE.<\/p>\n<p>However, Lisa Cook, as a then-sitting Fed\u2026 <a href=\"https:\/\/t.co\/clclhtag9O\">pic.twitter.com\/clclhtag9O<\/a><\/p>\n<p>\u2014 Pulte (@pulte) <a href=\"https:\/\/twitter.com\/pulte\/status\/1958886231607320895?ref_src=twsrc%5Etfw\">August 22, 2025<\/a><\/p>\n<\/blockquote>\n<p>Pulte celebrated the scalp on Monday evening.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">US FEDERAL HOUSING STATEMENT ON THE FIRING OF LISA COOK:<\/p>\n<p>Thank you President Trump for your commitment to stopping mortgage fraud and following the law. If you commit mortgage fraud in America, we will come after you, no matter who you are. <\/p>\n<p>William J. Pulte<br \/>Director<\/p>\n<p>\u2014 Pulte (@pulte) <a href=\"https:\/\/twitter.com\/pulte\/status\/1960134373799272788?ref_src=twsrc%5Etfw\">August 26, 2025<\/a><\/p>\n<\/blockquote>\n<div class=\"tgp-post-above-comments\">\n<div class=\"adcovery-postbelow-01\"><\/div>\n<\/div>\n<p>The post <a href=\"https:\/\/www.thegatewaypundit.com\/2025\/08\/breaking-president-trump-fires-biden-appointed-federal-reserve\/\">BREAKING: President Trump Fires Biden-Appointed Federal Reserve Governor Lisa Cook Amid Mortgage Fraud Allegations<\/a> appeared first on <a href=\"https:\/\/www.thegatewaypundit.com\/\">The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Promises made, promises kept. President Trump on Monday evening fired Biden-appointed Federal Reserve Governor Lisa Cook amid mortgage<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-52907","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BREAKING: President Trump Fires Biden-Appointed Federal Reserve Governor Lisa Cook Amid Mortgage Fraud Allegations - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=52907\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BREAKING: President Trump Fires Biden-Appointed Federal Reserve Governor Lisa Cook Amid Mortgage Fraud Allegations - Sasquatch News Online\" \/>\n<meta property=\"og:description\" content=\"Promises made, promises kept. 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