The Department of Justice has opened a criminal investigation into the real estate shenanigans of Federal Reserve Governor Lisa Cook.
The saga starts with Cook’s purchase of two properties, one in Ann Arbor, Michigan, and one in Atlanta, Georgia, within two weeks of each other, and declaring, under oath of perjury, that both were her primary residence. The whistle was blown on that scam by Bill Pulte, the director of the Federal Housing Finance Agency, who has filed three criminal referrals against her.
The matter might have dropped if Cook had gone away quietly after being terminated. But now that the Department of Justice has gotten involved, they will want a scalp to justify their work. This case has now advanced to the stage of the Department of Justice issuing subpoenas. Hopefully, the 6 a.m. visit by the FBI SWAT team with the same shoot-to-kill orders that were used against President Trump will take place very soon.
I think other shoes are waiting to drop. Pulte had scheduled a press conference at the federal courthouse in D.C. on Thursday morning. He cancelled it on Wednesday afternoon, “out of respect for the process.”
President Trump used the allegations of perjury and fraud as a reason to fire her “for cause,” but she is contesting the matter in court. The one thing missing from Cook’s argument is any denial of the facts; see Scott Bessent Notes the One Key Thing Fired Fed Reserve Governor Lisa Cook Has Not Said – RedState. The lack of a denial figured prominently in her court hearing.