NYC GOP mayoral nominee Curtis Sliwa charges that Democratic nominee Zohran Mamdani ‘hates cops'
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Yahoo
17 minutes ago
- Yahoo
Trump wants Fed's Lisa Cook out over mortgage fraud claims
President Donald Trump on Wednesday morning demanded the resignation of Federal Reserve official Lisa Cook in his latest attack against the central bank. The call for Cook's resignation came less than a day after Federal Housing Finance Agency director Bill Pulte disclosed an Aug. 15 letter sent to Attorney General Pam Bondi pushing the Department of Justice to probe Cook's mortgages. Pulte suggested Cook committed mortgage fraud. "Cook must resign, now!!!" he said in a short social media post linking to a Bloomberg News story about her. The White House, Department of Justice, and FHFA did not immediately respond to a request for comment. The Federal Reserve declined to comment. Trump has embarked on an extraordinary campaign to pressure the Federal Reserve to lower the cost of borrowing. He's expressed enormous fury at Fed Chair Jerome Powell in particular for holding steady on interest rates all year. Trump allies like Pulte have joined Trump in prodding the central bank to cut interest rates. In Pulte's case, his pro-Trump advocacy has prompted some criticism from Republican senators who say he should focus on his main task of overseeing the mammoth residential mortgage market. Trump recently had an opportunity to imprint his stamp on the central bank after the early resignation of former Fed Governor Adriana Kugler. That allowed him to name White House aide Stephen Miran to the slot, at least temporarily. Another opening in the Board of Governors would pave the way for the president to install a second pick who's friendlier to his push for lower interest rates. Cook was nominated by former President Joe Biden and confirmed by the Senate in a May 2022 party-line vote. She is the first Black woman to serve on the Fed's Board of Governors, a 12-member group that takes frequent votes on monetary policy and helps regulate the financial sector. Her current term expires in 2038. Pulte's letter described mortgage documents it had obtained about Cook, alleging she had "falsified bank documents and property records to obtain more favorable loan terms." Over the course of a month in 2021, Cook obtained primary residence mortgages on two properties in Michigan and Georgia and declared both to be her main residence. She later listed the Georgia property for rent in 2022, which led Pulte to urge Bondi to investigate if Cook didn't disclose rental income as part of her Fed financial disclosures. Cook isn't alone in attracting scrutiny from the Trump administration over allegations of mortgage fraud. Prominent Democratic figures like Sen. Adam Schiff of California are in the same crosshairs as well. Sign in to access your portfolio
The Hill
18 minutes ago
- The Hill
Perino hits back at Newsom social media criticism: ‘We get the joke'
Fox News host Dana Perino hit back at California Gov. Gavin Newsom (D) on Tuesday after the Democrat attacked her for criticizing his social media and messaging strategy, which in recent days has seemingly mocked the posting style of President Trump. 'And that was my point,' Perino said during an episode of 'The Five,' responding to the criticism. 'If you're doing this and it's not authentic and you're trying to do somebody else who you say is Hitler and you think that we don't get the joke, oh no, we get the joke, it's just not funny,' she added in a clip first highlighted by Mediaite. The host was responding to a slew of remarks made by the governor's office on social platform X, pushing back on her and Fox after she said Monday that he was 'making a fool' of himself with posts in all-caps that attack Trump and his allies. Much of the 'FOX HATES THAT I AM AMERICA'S MOST FAVORITE GOVERNOR ('RATINGS KING') SAVING AMERICA,' Newsom's office posted earlier this week. The Democratic governor has increased his criticism of the president in recent months and rolled out a revamped media strategy, sparking speculation he could launch a White House bid for 2028. A new poll, published Wednesday, shows Newsom leading former Vice President Harris in a hypothetical presidential primary matchup in the Golden State. Perino is a leading host and political analyst at Fox and served as White House press secretary under former President George W. Bush.
The Hill
18 minutes ago
- The Hill
Unredacted texts show Jeanine Pirro praising Trump, blasting Hannity while at Fox
Text messages sent in 2020 by Jeanine Pirro, the former Fox News host and new top prosecutor in Washington, D.C., show her bragging about helping President Trump ahead of the election and blasting Fox colleague Sean Hannity. 'I work so hard for the party across the country… I'm the # 1 watched show on all news cable all weekend. I work so hard for the President and party,' Pirro texted the then-head of the RNC, Ronna McDaniel, in September 2020. The text messages, which were first reported by the Washington Post, were unredacted and submitted in court by voting systems company Smartmatic as part of its ongoing litigation against the network over its coverage of the 2020 election. In another text message, sent in October of that year, Pirro wrote about an Oval Office meeting with Trump and complained about Hannity. 'Sean [Hannity] is an egomaniac. I was in the Oval with Hariri talking to POTUS,' she wrote. 'He storms in like he owns the place, throws his papers on the Pres desk and says, you don't mind if I use your private bathroom, and walks into bathroom within Oval and uses it. Looks at me and says, I got to talk to him. Ie, you go. It's all abt him, period. No one else matters.' Pirro, a firebrand political commentator and close ally of the president, left Fox earlier this year when Trump tapped her to serve as U.S. attorney in Washington, D.C. She has vowed to help the president crack down on crime in the district and blasted community activists and Democrats who have pushed back on the president's anti-crime efforts. Pirro is among the Fox hosts whom Smartmatic has alleged in court documents knowingly promoted Trump's false claims about voter fraud and defamed the company with criticism of its software, which the president and his allies were pushing. Fox has countered in legal filings and public statements that it was merely covering newsworthy allegations of an improper election being pushed by the president and his allies, and has argued Smartmatic is inflating its valuation. The network has also highlighted allegations of bribery and money laundering that executives at Smartmatic has faced in recent months. 'The evidence shows that Smartmatic's business and reputation were badly suffering long before any claims by President Trump's lawyers on Fox News and that Smartmatic grossly inflated its damage claims to generate headlines and chill free speech,' the network said in a statement to The Hill. 'Now, in the aftermath of Smartmatic's executives getting indicted for bribery charges, we are eager and ready to continue defending our press freedoms.' A trial in the Fox-Smartmatic case is not expected for months.
