The Federal Reserve Board of Governors member Cook is embroiled in controversy with the Director of the Housing Finance Agency over mortgage issues.

[Coin World] On August 21 (UTC+8), The Federal Reserve Board of Governors member Cook issued a statement saying: "I learned from the media that Federal Housing Finance Agency Director Polte posted on social media that he is making a criminal referral regarding a mortgage application from four years ago, which was before I joined the Fed. I have no intention of being forced to resign due to some questions raised on social media and the bullying I have faced. As a member of the Fed, I do take any questions regarding my personal financial history seriously, so I am in the process of gathering accurate information to address any legitimate inquiries and provide facts." Polte also quickly responded, stating: "Ms. Cook, you or your lawyer can write whatever you want. The basis for your exposure is the mortgage documents, not social media."