On Monday, President Trump fired Federal Reserve Governor Lisa Cook - after Federal Housing Finance Agency Director Bill Pulte asked the DOJ to investigate her for suspected mortgage fraud. Pulte has been dropping receipts for over a week showing that Cook claimed two properties as her 'primary' residence - allowing her to benefit by double-dipping on tax and mortgage advantages.
Cook, an 'autopen-appointed' (we assume) DEI hire who was overwhelmingly unqualified for the job, and 'wholeheartedly' supported the Fed's decision to help former President Biden by dropping interest rates in the home stretch of the 2024 election (with inflation soaring), has yet to actually deny the allegations - which Treasury Secretary Scott Bessent pointed out today during an appearance on Fox Business.
"She keeps saying Trump doesn't have the authority to fire her, but we haven't heard her say that she didn't do it," he told host Maria Bartiromo - calling for Cook to be investigated and prosecuted if true.
Meanwhile, White House top economic adviser Kevin Hassett said on Wednesday that Cook should go on leave while her status is litigated.
"If I were her, in her circumstance, I would take leave right now," said Hassett, director of the National Economic Council, adding that it would be the "honorable thing to do."
Meanwhile, the talking points have gone out...
Sen. Elizabeth Warren (D-MA) - who committed fraud masquerading as a Native American to reap manifold benefits, took to CNBC to insist that Cook's alleged mortgage fraud doesn't matter because it wasn't 'related to her job' - and therefore not 'for cause.'
"What I care most about is that we follow the law here and the law is pretty clear that firing for cause means job related... like someone who has been inefficient or someone who's been corrupt in doing the job," Warren said.
We'd show you the clip, but nobody thought Warren's comments warren-ted clipping and sharing. That said, we should point out that Warren demanded an investigation into Dallas Fed President Kaplan's "ethically questionable" stock trades.
Last night Warren appeared on CNN to criticize Bill Pulte for exposing the fraud!
And of course, Cook is a 'special case' when it comes to Fed officials exiting stage right amid financial fuckery...
And while the Fed claims to be 'apolitical,' in 2020 Cook said that Donald Trump was "definitely a fascist."
So it appears Cook will continue to dig in. It'll be interesting when 'indicted pre-trial Cook' insists on remaining in her role until the very last possible second.