Justice Department Investigates Fed's Lisa Cook Amid Political Tensions

1 min read
Source: The Guardian
Justice Department Investigates Fed's Lisa Cook Amid Political Tensions
Photo: The Guardian
TL;DR

The head of the Federal Housing Finance Agency, William Pulte, has made an unusual and controversial criminal referral accusing Federal Reserve governor Lisa Cook of mortgage fraud, prompting a formal investigation and political disputes, with experts questioning the legitimacy and motives behind the referral.

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