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BumRushDaShow

(160,070 posts)
Tue Sep 16, 2025, 08:08 AM Yesterday

No Evidence Of Primary Residence Violation By Fed Governor Lisa Cook, Michigan Official Says [View all]

Source: Huff Post/Reuters

Sep 15, 2025, 09:38 PM EDT


Sept 15 (Reuters) — The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn’t broken rules for tax breaks on a home there that Cook declared her primary residence.

The finding, which came in response to a Reuters request that the city review Cook’s property records, could boost Cook’s defense against efforts by the Trump administration to remove her from the Federal Reserve board.

Ann Arbor has “no reason to believe” that Cook violated property tax rules, City Assessor Jerry Markey told Reuters. Cook has at times lived elsewhere and city records indicate she sought permission from Ann Arbor authorities to rent out the Michigan home on a short-term basis.

Temporary absence from the home or renting it out short-term wouldn’t disqualify her from a tax exemption in Ann Arbor, the tax official said. “Living elsewhere temporarily does not necessarily make an owner ineligible for a principal residence exemption,” said Markey.

Read more: https://www.huffpost.com/entry/lisa-cook-mortgage-michigan-evidence_n_68c8be50e4b00ea6483a1cfd?origin=home-zone-d-unit

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