President Donald Trump has delivered a verdict on Lisa D. Cook, a governor for the Federal Reserve who now is facing accusations of mortgage fraud.
His conclusion: She’ll be fired if she doesn’t resign.
Q: “Are you going to fire Lisa Cook, the Fed Governor?”
President Trump: “Yeah, I’ll fire her if she doesn’t resign. What she did was bad.” pic.twitter.com/dajaIOVKK8
— CSPAN (@cspan) August 22, 2025
WND reported only a day earlier that Cook was the third major Democrat personality in recent weeks to face mortgage fraud claims.
It was the U.S. Federal Housing FHFA that alleged, in a criminal referral to the Department of Justice, that Cook committed mortgage fraud by designating both an out of state condominium as well as a Michigan residence as her primary “home,” at the same time.
Shortly later, the condo allegedly was offered for rent.
The government statement said, “When someone commits mortgage fraud, they undermine the faith and integrity of our System. It does not matter who you are – no one is above the law. We have sent a Criminal Referral to the Department of Justice with regard to the allegations against Ms. Cook, and the DOJ should go wherever the facts may lead them.”
Here is the Criminal Referral Letter on Lisa Cook, the current Fed Governor. pic.twitter.com/aG0LGnokei
— Pulte (@pulte) August 20, 2025
Earlier cases were assembled against Letitia James, the attorney general for New York whose massive mortgage fraud case against President Donald Trump’s companies collapse in a heap of smoldering ashes this week when her $500 million plus judgment against Trump was trashed by an appeals court.
She was accused of wrongly claiming the location of her “primary residence.”
Then it was Adam Schiff, the Democrat senator from California who pushed hard at the false claims of the Russiagate conspiracy theory over which Trump was impeached – and acquitted.
He apparently claimed two residences as his “primary” at the same time.
The Gateway Pundit noted Special Prosecutor Ed Martin is currently investigating Cook for mortgage fraud and falsifying bank statements.
Martin also asked Fed Chair Jerome Powell to remove Cook from her post.
The report noted, “According to housing regulator Bill Pulte’s 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 ‘primary residence’—just two weeks after taking a loan on her Michigan home, which she also claimed as her ‘primary residence.’”
Cook claimed she now is being “bullied” into leaving her post, which she said she won’t do.
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Author: Bob Unruh
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