President Trump on Monday tweeted about his dismissal of Federal Reserve Governor Lisa Cook. His “reasoning” is that he claims Cook made false statements on mortgage documents, which was evidence of “gross negligence” and “potentially criminal.”
The evidence he is basing this decision on? Federal Housing Finance Agency Director Bill Pulte sent a letter to Attorney General Pam Bondi accusing Cook of taking out mortgages for homes in Michigan and Georgia in 2021, and telling banks in both cases that she planned to use the homes as her primary residences. Pulte alleges that was a fraudulent attempt to gain more favorable lending terms. Cook has not been convicted of anything, not even been indicted. But Caesar’s wife must be above reproach.
Sound familiar?
In the case commonly known as New York v Trump (2023–2024), the judge ruled that “In order to borrow more and at lower rates, defendants submitted blatantly false financial data to the accountants, resulting in fraudulent financial statements.”
The pot calling the kettle back? It takes one to know one? The crime he’s accusing Cook of committing is the smaller version of the crime of which he was convicted. He says it’s a disqualifying crime (mind you, the accusation; there has been no trial) to serve on the Fed’s Board of Governors, but that the much larger version (which was adjudicated) is not disqualifying for him to serve as president.
I’m embarrassed that he’s the president, and I’m scared of what he’ll do next.
Trump says he’s fired Federal Reserve board member Lisa Cook
Ian Randal Strock 