Fed Governor Cook says mortgage 'contradictions' do not justify removal by Trump

[Yo_Mama_Been_Loggin]

(Reuters) -Federal Reserve Governor Lisa Cook on Tuesday laid out in greater detail her opposition to President Donald Trump's bid to remove her from office, saying it was too late to fire her for mortgage information she disclosed during her confirmation process.

In a filing in U.S. District Court, Cook said she listed mortgages on three properties on forms submitted to the White House and U.S. Senate in the vetting process for her appointment to the Fed in 2022. Any inconsistencies were known when she was confirmed and cannot give Trump grounds to fire her now, she said.

-snip-

She has filed a lawsuit seeking to block her unprecedented removal, setting up a legal battle that could upend long-established norms for the Fed's independence. Tuesday's filing reiterated in greater detail arguments she made in court last week as part of the lawsuit.

In the filing, Cook said that on a background check form, she listed a property in Michigan as a primary residence and one in Georgia as a "2nd home." On a separate questionnaire she listed both homes as her "present residence," the Michigan property as her "current permanent residence," and a third property in Massachusetts as both a present residence and a second home and rental property, she said.

https://finance.yahoo.com/news/fed-governor-cook-says-mortgage-224238200.html

[FBaggins]

1. Not a good sign

The early responses seemed to indicate a chance that she did not do what she was accused of. That the administration was “copy/paste”ing generic accusations from other people.

Now she seems to be saying that she did it… but it can’t be held against her. That the senate had their chance to reject her and now it’s too late.

The problem here is that they are felonies.

[pimpbot]

2. proper criminals use LLCs and trusts to hide their shenanigans

Sounds like she didn't fill out the forms correctly. Just like with the Hunter Biden stuff, usually no one cares and will never validate the responses. In fact the responses rarely change the outcome of a decision to approve a mortgage.

HOWEVER, when you are fighting a criminal enterprise like MAGA, you better have your shit together.

I'm not sure why these wealthy people can't hire competent lawyers to fill this stuff out or use LLCs to shield this type of snooping from MAGA Inc. Kinda lazy if you expect to be a public figure.