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Bessent Made Contradictory Mortgage Pledges Similar to Cook, Documents Show

Bloomberg•Wednesday, September 17, 2025 at 1:33:43 PM
NegativeFinancial Markets
Bessent Made Contradictory Mortgage Pledges Similar to Cook, Documents Show
Recent documents reveal that Treasury Secretary Scott Bessent made contradictory mortgage pledges in 2007, claiming two homes as his primary residence simultaneously. This revelation comes as President Donald Trump seeks to remove Federal Reserve Governor Lisa Cook for similar discrepancies in her mortgage applications. While Bessent's lawyer insists that there was nothing improper about his loan applications, the situation raises questions about transparency and accountability among high-ranking officials, highlighting the potential implications for public trust in government.
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