Federal Reserve Chair Jerome Powell’s silence on the mortgage fraud allegations against fired Fed Governor Lisa Cook is “concerning,” according to U.S. Federal Housing Director William Pulte.
“Jerome Powell, he’s got to answer for why he’s not coming out and saying why this is bad,” Pulte told reporters Tuesday outside the White House in a C-SPAN clip shared on X.
“He’s destroying the credibility of the Fed by not saying that mortgage fraud is bad.
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