9 d. ago The ‘bizarre’ referral of the US housing finance agency chief to oust Lisa Cook

Former officials and experts say Bill Pulte’s request for inquiry into Fed governor’s alleged fraud is ‘unusual’The head of the Federal Housing Finance Agency embraced a highly unusual process to accuse Lisa Cook, a Federal Reserve governor, of committing mortgage fraud, former officials and experts have said. One former high-ranking official called the director’s involvement in a criminal referral “bizarre”.William Pulte, a businessman and major GOP donor whom Donald Trump appointed to head the powerful housing agency earlier this year, has accused Cook of committing mortgage fraud by misrepresenting her homes as a primary residence, potentially securing more favorable mortgage rates. The justice department formally opened a criminal investigation into whether Cook committed fraud and has issued subpoenas related to the transaction. Cook’s lawyers have called the discrepancies a “clerical error” and she has denied any wrongdoing. Continue reading...

Politics

1 week ago US justice department opens criminal inquiry into Fed governor Lisa Cook

Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald TrumpThe US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook as a lawsuit she filed against Donald Trump over her firing makes its way through court.Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal, who first reported the investigation, which has since been confirmed by multiple news publications. Continue reading...

Society

1 week ago US justice department reportedly opens criminal inquiry into Fed governor Lisa Cook

Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald TrumpThe US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook, according to new reports, as a lawsuit she filed against Donald Trump over her firing makes its way through court.Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal. Continue reading...

Society

1 week ago Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says

The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, who is fighting a Trump administration effort to remove her from her role as a Federal Reserve Governor

Society

2 w. ago A House committee investigating the Jeffrey Epstein case has withdrawn a subpoena to Robert Mueller

A House committee investigating the Justice Department’s handling of the Jeffrey Epstein sex trafficking case has withdrawn a subpoena to former FBI Director Robert Mueller

Economics

3 w. ago Fed governor urged by Trump to resign will not be ‘bullied’ into stepping down

Lisa Cook, first Black woman to sit on Fed board, responds after allegation by ally of president of mortgage fraudUS politics live – latest updatesDonald Trump has called on a Federal Reserve governor to immediately resign, renewing his extraordinary attack on the central bank’s independence as officials mull next steps on interest rates.A close Trump ally accused Lisa Cook, an appointee of Joe Biden, of “potentially committing mortgage fraud” and urged the US Department of Justice to investigate. Continue reading...

Politics

3 w. ago Trump calls on Federal Reserve governor Lisa Cook to resign, renewing attack on central bank

Ally of the president has accused the first Black woman to sit on the central bank’s board of mortgage fraudUS politics live – latest updatesDonald Trump has called on a Federal Reserve governor to immediately resign, renewing his extraordinary attack on the central bank’s independence as officials mull next steps on interest rates.A close Trump ally accused Lisa Cook, an appointee of Joe Biden, of “potentially committing mortgage fraud” and urged the US Department of Justice to investigate. The claims have not been confirmed. Continue reading...

Politics

3 w. ago Trump's Justice Department is investigating whether DC police officials falsified crime data

The Justice Department has opened an investigation into whether police officials in Washington, D

Events

3 w. ago Trump weaponization czar urged New York Attorney General James to resign over mortgage probe

The Justice Department official tapped by President Donald Trump’s administration to investigate New York Attorney General Letitia James sent a letter urging the Democrat to resign from office “as an act of good faith” four days into his probe

Politics

3 w. ago Justice Department investigating DC police over Trump allegations of ‘fake’ crime data

Trump accused city officials of manipulating data to create ‘false illusion of safety’

Events

last month Ghislaine Maxwell’s grand jury transcripts are likely a dud, but other documents could reveal much

The din might have died down for now, but the Epstein imbroglio might rear its head again when Congress returnsWhen Donald Trump’s Department of Justice requested the release of grand jury transcripts in criminal proceedings against sex-traffickers Jeffrey Epstein and Ghislaine Maxwell, the move did little to quiet an ever-growing chorus of critics frustrated by the US president’s backtracking over disclosing investigative files.Indeed, the justice department’s filings in this request revealed that only two law enforcement officers testified during grand jury proceedings in New York, undermining notions that unsealing them would reveal numerous truths. Continue reading...

Politics