Lisa Cook’s financial house is on fire. Naturally, there is a Michigan angle to the story. Because there’s always a Michigan angle to the story.
Cook, a governor with the Federal Reserve Bank, has a bank loan on a “secondary” home in Massachusetts, which the Trump administration alleges she rents out full-time. A judge might call that mortgage fraud.
There cannot be two sets of rules: one for the elites who scam their way into favorable financial terms and another for the rest of us.
Cook also owns a condo in Atlanta, which she claims is her primary residence on banking and government documents. The Trump administration alleges there is evidence that she rents that one out, too. And that also could be mortgage fraud.
But Cook also has a third home in Ann Arbor, which she also lists