Report: Treasury Secretary’s Past Mortgage Filings Mirror Fed Governor Controversy

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    WASHINGTON – Treasury Secretary Scott Bessent once declared two different homes his “principal residence” on the same day in 2007, a move similar to the mortgage filings that President Donald Trump cited in trying to oust Federal Reserve Governor Lisa Cook, Bloomberg reported.

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    Documents show Bessent’s Bedford Hills, N.Y., and Provincetown, Mass., homes were each listed as his principal residence, though Bank of America later confirmed both were secondary homes and said no rules were broken. Bessent’s lawyer called the report “nonsensical.”

    Cook, meanwhile, is fighting her removal in court after signing mortgages for homes in Ann Arbor and Atlanta in 2021. Trump claimed the filings amounted to mortgage fraud, a charge Cook denies. Courts have so far blocked Trump from firing her.

    While both cases involve disputed residency claims, Cook signed her own filings with two different lenders, while Bessent’s were signed by his lawyer with a single bank that acknowledged his real living situation.

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