Trump Corruption and the Governor Lisa Cook Mortgage Case |
Photograph Source: Federalreserve – Public Domain
Trump has rapidly turned the US government into an authoritarian cesspool. His latest plunge into the muck is the effort to force Federal Reserve Board Governor Lisa Cook to resign over allegations of mortgage fraud.
The basic story is that Cook allegedly took out mortgages on two homes, declaring both as a primary residence, in order to secure a lower interest rate. I have no knowledge of the accuracy of the allegation, but as a practical matter this is a relatively minor offense. Trump probably steals 100 times this much every morning before he brushes his teeth.
The more important issue is how this alleged infraction was uncovered and how we came to know about it. The alleged infraction was announced by William Pulte, the director of the Federal Housing Financing Authority (FHFA), the agency that oversees Fannie Mae and........