Scott Bessent Made Contradictory Mortgage Pledges Like Fed Governor Lisa Cook: Report

Published : Sep 17, 2025, 06:05 PM IST
https://stocktwits.com/news-articles/markets/equity/trump-bessent-cook-contradictory-mortage-pledges-two-homes/chDGnzyRd6I

Synopsis

According to a Bloomberg report citing Bessent’s mortgage applications with Bank of America, the Treasury Secretary agreed to occupy two different homes as his “primary residence” simultaneously, a pledge similar to one made by Cook.

Treasury Secretary Scott Bessent reportedly made a similar mortgage pledge as Federal Reserve Governor Lisa Cook, who was fired by President Donald Trump over what he termed as “potentially criminal conduct.”

According to a Bloomberg report citing Bessent’s mortgage applications with Bank of America Corp. (BAC), the Treasury Secretary agreed to occupy two different homes as his “primary residence” simultaneously, a pledge similar to the one made by Cook.

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