US treasury secretary reportedly made similar mortgage pledge to Lisa Cook

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US treasury secretary reportedly made similar mortgage pledge to Lisa Cook

Bloomberg reports Scott Bessent agreed to occupy two different houses at same time as his ‘principal residence’

Scott Bessent, the US treasury secretary, previously agreed to occupy two different houses at the same time as his “principal residence”, Bloomberg News reported on Wednesday, an agreement similar to one Donald Trump has called mortgage fraud in his unprecedented bid to fire the Federal Reserve governor Lisa Cook.

The Bloomberg report cites Bessent’s mortgages with lender Bank of America and his pledge in 2007 to primarily occupy homes in New York and Massachusetts.

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