wants to play the victim, then pass the tin cup for help, in the face of allegations, documentary allegations, that the man supposedly as sophisticated as he is lied on his mortgage application? To what, get more favorable loan terms? Look, this is not just hypocrisy. Could be poetic justice. Here to discuss is Bill Pulte, U.S. Federal Housing Director. Director Pulte, thank you for joining us tonight. Now, reading between the lines of what Schiff and his cronies and friends are saying, is essentially that you wanting to get in Trump's good graces went on a fishing expedition for these mortgage documents, and it's all political retribution, pure and simple. And to that you say? - Well, it's nonsense, I'm a politician. I'm in the business of mortgages and housing, and when I see mortgage fraud, I report it. I mean, that's what I was hired to do. I swore in my testimony well before I even knew about the Schiff situation that I would root out mortgage fraud, and that's exactly what I'm doing. And I'm not gonna be intimidated by the media who is now coming up with these crazy hit pieces or politicians like Adam Schiff and his lawyers who are trying to attack me. I'm a regulator and I'm the conservator on behalf of President Trump under President Trump's leadership. And in President Trump's America, we're not gonna have mortgage fraud. It doesn't matter who you are, whether you're a Republican or a Democrat, if you do mortgage fraud, we're gonna come after you. - Well, it seems like this is a contagious disease, okay? Because now the Federal Reserve Governor, Lisa Cook, is under pressure to resign due to allegations that she may have engaged in mortgage fraud. Bill, tell us about this. I mean, someone who has a say in the Fed rate and what that's doing to mortgages across the country, I mean, this is crazy stuff. She could be potentially abusing the system again. - Well, Cook has a really big problem. She has a really big problem. - I'll tell you, she has a very big problem. She has a situation where she claimed primary residency on a condo that she bought in Atlanta. I mean, this is supposed to be somebody who's entrusted with the public good, who's supposed to be looking after interest rates. And I believe it's blatant and massive mortgage fraud. I believe that there will be a criminal investigation. I'll leave that to the DOJ, whether they do that or not. But I would anticipate seeing her be prosecuted and criminally charged for mortgage fraud just based on what I've seen. I refer people every day to the Department of Justice and the Department of Justice prosecutes cases like this all the time, Laura, and whether it's the Schiff case or the Latisha James case or this case or all the other cases that we refer, this Cook one is not going away and she can laugh all she wants, but the law will catch up with her. - Yeah, she responded to this today saying she doesn't have any intention of being quote bullied to step down from her position because of some questions raised in a tweet. I do intend, she said, to take any questions about my financial history seriously and I'm gathering accurate info to provide the facts. She also mentioned that this all occurred before she was a member of the Board of Governors at the Federal Reserve. Would the timing matter? - No, it wouldn't matter. First of all, she's within the statute of limitations. Second of all, she received a benefit while she's been on the Federal Reserve Board. And I would actually argue that her statement tonight, I think that that's gonna be a big problem for her criminally. This is just my view. She lied in my view in her statement tonight because she said that the first time she heard about it was through my tweet. She didn't hear about it from my tweet. There's no way, she doesn't follow me on Twitter. And last night, Bloomberg contacted, according to their story, her and me for comment. So I think this lady is a professional liar. She shouldn't be at the Federal Reserve. She's going to resign in my view and if she doesn't resign, I do believe that the president has caused a fire her and that will be up to the president whether he decides to do that or not. - Now, the president has the authority to fire anyone he wants to in the executive branch. Unelected officials shouldn't have this.
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