On September 2, the Director of the Federal Housing Finance Agency, Pulte: Just received significant news about Fed Governor Cook. ( Jin10 ) Previously, Federal Housing Finance Agency Director Bill Pulte accused Cook of lying in loan applications to obtain more favorable terms, suspected of mortgage fraud. Some analysts believe that if Cook resigns, Trump will have the opportunity to appoint the fourth Fed governor, gaining a majority in the seven-member board.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Pulte: Received major news about The Federal Reserve Board of Governors member Cook.
On September 2, the Director of the Federal Housing Finance Agency, Pulte: Just received significant news about Fed Governor Cook. ( Jin10 ) Previously, Federal Housing Finance Agency Director Bill Pulte accused Cook of lying in loan applications to obtain more favorable terms, suspected of mortgage fraud. Some analysts believe that if Cook resigns, Trump will have the opportunity to appoint the fourth Fed governor, gaining a majority in the seven-member board.