FHFA Director Pulte Files Second Criminal Referral Against Fed Governor Cook Over Property Dispute

Federal Housing Finance Agency Director Bill Pulte has escalated his conflict with Federal Reserve Governor Lisa Cook, filing a second criminal referral alleging mortgage fraud. The latest accusation centers on a Cambridge, Massachusetts property Cook reportedly misrepresented as a second home rather than a rental investment.

The dispute has drawn in former President Donald Trump, who appointed Pulte in January. TRUMP recently attempted to remove Cook from her position following Pulte's initial fraud allegations. Cook has responded with a lawsuit to retain her post, setting the stage for protracted legal proceedings.

This confrontation occurs against a backdrop of tension between the Trump-aligned FHFA leadership and Federal Reserve Chair Jerome Powell's team. The feud highlights ongoing debates about housing finance policy and central bank governance, though no direct cryptocurrency market implications are evident from the current allegations.