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X @The Economist
The Economist· 2025-08-27 22:40
She has been accused of mortgage fraud, and Donald Trump has sought to sack her as a Federal Reserve governor. We look at the allegations https://t.co/ifr8pjAPTu ...
X @The Economist
The Economist· 2025-08-27 22:00
Political Commentary - The report suggests Donald Trump's criticism of Lisa Cook is not genuinely about mortgage fraud [1] - The report implies the attack is a manifestation of corruption within the American government [1]
Mortgage fraud is the Trump admin's newest allegation against political foes
NBC News· 2025-08-27 21:36
can't have an infraction, especially that infraction because she's in charge of, if you think about it, mortgages, and we need people that are 100% above board. Mortgage fraud is the latest allegation the Trump administration is using against its political foes. Mortgage is their new weapon to go after their critics.The Trump administration has accused New York Attorney General Leticia James, California Senator Adam Schiff, and Federal Reserve Governor Lisa Cook, who President Trump has attempted to fire. T ...
Mortgage fraud risk is on the rise, but lenders catch it more often due to technology
CNBC Television· 2025-08-27 15:36
Welcome back. President Trump's decision to fire Fed Governor Lisa Cook has brought the issue of mortgage fraud to uh the forefront, but the practice may be less widespread than you might think. Diana Olig joins us.She has that story. Diana. >> Well, David, mortgage fraud risk is rising slightly, but it's still at a very low level and lenders are catching it more often now thanks to technology.Mortgage application fraud increased just over 6% nationally in Q2 from a year ago. That according to Totality. Aga ...
Ruhle: Trump's real motive in moving to fire Fed Reserve official
MSNBC· 2025-08-27 10:34
Political Influence on Institutions - The analysis suggests a pattern of exerting control and consolidating power within the presidency [3] - Actions such as criticizing the Federal Reserve's decisions are interpreted as attempts to influence interest rates to boost equity prices [1] - Scrutiny of individuals like Lisa Cook is framed as a pretext, with the underlying motive being control rather than addressing specific allegations [1] Parallels in Actions - Sending National Guard troops to Washington DC is compared to other actions, suggesting a common theme beyond the stated reasons [2] - Attacking universities and demanding large payouts is viewed as more than just combating anti-semitism [2] - Punishing law firms is seen as unrelated to diversity, equity, and inclusion initiatives [2]
Jim Cramer on Pres. Trump trying to fire Fed Gov. Lisa Cook
CNBC Television· 2025-08-26 23:20
We want to have a conscience. We want to make a judgment about what the president's doing, whether or not it's right. When he does something outrageous, we can lament, complain, shrug our shoulders.But the one thing we can't do is sell the stock of Nvidia because of President Trump's attempt to fire Lisa Cook, a Federal Reserve governor, for what might or might not be mortgage fraud. Yes, I know that sounded flip, but deal with me. On a day where the Dow gained 136 points, the S&P climbed4%, the Nasdaq adva ...
Andrew Ross Sorkin: Why Trump may not have power to fire Fed Governor Cook
MSNBC· 2025-08-26 17:24
We can't reach fraud in America and you surely can't have it for your leaders. I mean, imagine anyone in the cabinet who did this. You guys would be calling for their head.This woman should go away if she's committed the mortgage fraud. And those signatures sure as heck look like hers. Irony is Mhm.dead. Yeah. Dead.Like, bring the flowers. put it on the grave. I mean, really.Yeah. Really. That's kind of like going after Bolton for mishandling classified documents.Irony is dead. Yes. And this is this concept ...
Trump's attempt to fire Fed Gov. Cook is a 'manipulative power grab': Economist
MSNBC· 2025-08-26 15:58
I will not resign. That's the federal response or official response from the Federal Reserve Governor Lisa Cook after President Trump announced yesterday that he would be firing her effective immediately in a post on Truth Social. The president has accused Cook of mortgage fraud.She has not been charged with any crime, let alone convicted. And the Federal Reserve is an independent entity, which brings up the question, can President Trump do this. Here with us now, NBC News business and data correspondent Br ...
Commerce Sec. Lutnick on firing of Fed Gov. Cook: The crook always says I'm not going anywhere
CNBC Television· 2025-08-26 12:50
Uh, Mr. . Secretary, I I do need to pivot to a different question around Lisa Cook, uh, governor at the Fed, who has been fired by the president for cause. The qu she says she's not going and that he doesn't have the authority to do such a thing.You're obviously in the administration close to the president. Also understand how the wheels of just the machinery of the government work. Um, who who pays her paycheck, for example.Is that something that has to come directly from the Fed. Is that something that Ch ...
Sen. Adam Schiff says Ukraine peace talks are ‘stalled’: Full interview
NBC News· 2025-08-24 13:39
Welcome back. And joining me now is Democratic Senator Adam Schiff of California. Senator Schiff, welcome back to Meet the Press.Great to be with you. It's wonderful to have you here on a big Sunday. You just heard my interviews with Vice President JD Vance, with the Russian foreign minister.Senator, what do you make of where this peace process stands. Do you believe it is stalled or do you think it's moving forward, albeit slowly. I think it's stalled.And I was most interested in your question to him. Was ...