Bill Pulte

(Newser) - Bill Pulte, a federal housing official, has publicly accused Federal Reserve Governor Lisa Cook of improperly claiming homestead exemptions—tax breaks for owners on their primary residence—on more than one property. However, a Reuters investigation found that Pulte's own father and stepmother, Mark and Julie Pulte, have...

(Newser) - The Justice Department has launched a fraud probe into Federal Reserve Governor Lisa Cook, following accusations that she falsified documents to secure a mortgage, sources tell the New York Times and the Wall Street Journal . The investigation, still in the early stages, involves the issuing of subpoenas and focuses...

(Newser) - President Trump announced late Monday that he's ousting Federal Reserve governor Lisa Cook, citing allegations that she misrepresented her primary residence on mortgage paperwork. The claims, raised by Federal Housing Finance Agency chief Bill Pulte, center on Cook's 2021 mortgage applications for homes in Michigan and Atlanta—...

(Newser) - The conservative editorial page of the Wall Street Journal is not a fan of the Trump administration's latest effort to change the makeup of the Federal Reserve. On Wednesday, the head of President Trump's housing regulatory agency accused Lisa Cook, one of the central bank's governors, of...