GOV. ABBA YUSUF SACKS KANO STATE HEAD OF SERVICE . (PHOTO).

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 GOVERNOR ABBA  YUSUF SACKS  KANO STATE HEAD OF SERVICE   The Executive Governor of Kano State, Abba Kabir Yusuf, has relieved the State Head of Service, Abdullahi Musa, of his appointment with immediate effect. In a statement  by the Director General, Media and Publicity to the Governor, Sunusi Bature Dawakin Tofa, the decision is part of the ongoing efforts by the present administration to reposition the state civil service for greater efficiency, discipline, and improved service delivery across all government institutions. Governor Yusuf expressed appreciation to the outgoing Head of Service for his contributions and dedication to the service of the State  The statement further directed that Bilkisu Shehu Maimota, the Permanent Secretary, Admin and General Services at the Cabinet Office, to serve in an  acting capacity pending the appointment of a substantive Head of Service. It notes that the outgoing Head of Service is directed to handover th...

TRUMP HOUSING CHIEF ALLEGES FED GOVERNOR COOK COMMITTED MORTGAGE FRAUD. (PHOTO).


 Trump housing chief alleges Fed Governor Cook committed mortgage fraud


Federal housing finance regulator Bill Pulte has accused Federal Reserve governor Lisa Cook of mortgage fraud and referred her for criminal prosecution.

Pulte, who chairs the Federal Housing Finance Agency, posted a letter to the attorney general claiming that Cook “has falsified bank documents and property records to acquire more favorable loan terms, potentially committing mortgage fraud under the criminal statutes.” According to the letter, Cook took out a mortgage on a Michigan home listed as her principal residence, and shortly afterward obtained a mortgage on an Atlanta condominium also described as her primary residence. Pulte’s letter states that she later listed the Atlanta condo as a rental property in 2022, despite having represented it as her main home in mortgage documents. There is no indication that Cook has defaulted on either loan.

President Donald Trump has publicly called for Cook’s resignation, signaling his intent to reshape the Federal Reserve with governors aligned to his priorities. Pulte’s accusations come amid broader political tension, with Trump reportedly using various allegations to challenge Fed leadership. Cook, who joined the Fed Board of Governors in 2022, has a term extending until 2038 and has generally supported dovish policies, including potential interest rate cuts.

Pulte has leveraged his authority over Fannie Mae and Freddie Mac to target perceived opponents, with the agency previously making similar allegations against California Senator Adam Schiff and New York Attorney General Letitia James. The case underscores ongoing political maneuvering around the Fed and mortgage regulation.

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