President Donald Trump’s ongoing efforts to fire Lisa Cook from the Federal Reserve board over allegations of mortgage fraud raise an unsettling question for homeowners: Just how much of your mortgage information is public, and could it ever be used against you [1]? The Trump administration accuses Cook of mortgage fraud, suggesting she declared both her homes as primary residences to take advantage of the lower mortgage rates financial institutions charge for a primary residence [2]. As the New York Time ...

The US Justice Department is pushing ahead with its investigation of New York Attorney General Letitia James over mortgage fraud allegations after President Donald Trump demanded the case move forward, according to people familiar with the matter https://t.co/EDsBgcr9ux ...

US Attorney Erik Siebert told his staff he will be resigning, a source says, after intense pressure from President Donald Trump to charge New York Attorney General Letitia James with mortgage fraud https://t.co/KWcbc2hpMj ...

President Trump says the US attorney who didn't charge political enemy Letitia James with mortgage fraud should be fired https://t.co/HVam9RiW0W ...

President Trump says the US attorney who didn't charge political enemy Letitia James with mortgage fraud should be fired https://t.co/1HaHdY0Uqf ...

The Trump administration may be getting ready to fire the US attorney in the Eastern District of Virginia. Why, you ask. Well, according to reporting from my colleague Kent Deltanian, the US attorney is refusing to bring criminal mortgage fraud charges against New York Attorney General Leticia James.Two sources familiar with the matter are telling us that Eric Sbert, the US attorney in the Eastern District of Virginia, a Trump appointee, but also a career prosecutor, has been given an ultimatum that he shou ...

Group 1 - Scott Bessent, director of the Federal Housing Finance Agency, had a heated confrontation with Bill Pulte, reportedly threatening him during a social event in Washington, D.C. [5][6][9] - The altercation is part of ongoing tensions regarding the direction of federal mortgage giants Fannie Mae and Freddie Mac, with both Bessent and Pulte having differing views on the Federal Reserve's policies [7][8] - Bessent has advised President Trump against firing Federal Reserve Chairman Jerome Powell, while Pulte has called for a purge of central bankers, accusing Fed governor Lisa Cook of mortgage fraud [8][7] Group 2 - The confrontation between Bessent and Pulte was characterized by strong language, with Bessent reportedly saying, "Why the f— are you talking to the president about me? F— you," and threatening physical violence [5][4] - This incident follows a previous altercation involving Bessent and Elon Musk, indicating a pattern of conflict within the Trump administration regarding key appointments and policies [11][13] - The Executive Branch social club, where the incident occurred, is a high-profile venue that has attracted significant financial contributions from its founding members, including $500,000 from each [5]

Core Viewpoint - President Trump's legal team is seeking to expedite the process of removing Federal Reserve Board Governor Lisa Cook before the upcoming Federal Open Market Committee (FOMC) meeting, which is crucial for interest rate decisions [1][2][4]. Group 1: Legal Proceedings - Trump's lawyers have filed a request with the U.S. Court of Appeals for the District of Columbia Circuit to allow his attempt to fire Cook to proceed before the FOMC meeting next week [1][2]. - A lower-court judge had previously blocked Trump's attempt to remove Cook while her lawsuit against him is ongoing [1][4]. - The appeal seeks a ruling by Monday afternoon to influence the FOMC's decisions regarding open market activities [2]. Group 2: Economic Implications - Trump is advocating for a reduction in interest rates to stimulate economic growth and lower the costs associated with national debt [3]. - He has expressed dissatisfaction with Fed Chairman Jerome Powell for not lowering rates in 2025 and has previously considered firing him [3]. Group 3: Allegations and Responses - Trump cited allegations of mortgage fraud against Cook as justification for her removal, although Cook has denied these allegations [4]. - Trump anticipates that he will soon have a majority on the Fed board that will support lowering interest rates [4]. Group 4: Federal Reserve Independence - The judge's ruling emphasized the importance of Federal Reserve independence, suggesting that reinstating Cook serves the public interest [5].

A federal judge late Tuesday blocked President Trump from removing Lisa Cook from the Federal Reserve Board of Governors. So, she will be in place for uh the meeting next week. US District Judge Gia Cobb uh basically said that the president with the allegations of mortgage fraud didn't have four cause to remove her.Lisa Cook's lawyer, Abby Lol, saying that quote, "This ruling recognizes and reaffirms the importance of safeguarding the independence of the Federal Reserve from illegal political interference, ...

By Daniel Wiessner (Reuters) -President Donald Trump's administration on Wednesday moved quickly to appeal a federal judge's ruling temporarily blocking Trump from taking the unprecedented step of firing Federal Reserve Governor Lisa Cook. The U.S. Department of Justice filed a brief notice that it was appealing the ruling from late Tuesday by U.S. District Judge Jia Cobb, who said Trump's claims that Cook committed mortgage fraud prior to taking office were likely not sufficient grounds for her removal. ...