Michigan official: There is no evidence that Federal Reserve Governor Cook violated the principle residence declaration rule
2025-09-15 21:42:47
On September 16, according to foreign media reports, the real estate tax authority of Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook did not violate the rules in declaring a property tax deduction for her main residence. The finding may strengthen Cook's defense against the Trump administration's efforts to remove her from the Federal Reserve committee. Jerry Markey, an assessor for the city of Ann Arbor, said there was "no reason to believe" that Cook violated property tax regulations. Cook did live elsewhere at times, and municipal records show that she had applied to the Ann Arbor authorities for permission to rent the Michigan residence for a short period of time. The official said that a short-term departure from the residence or a short-term rent would not disqualify Cook from the Ann Arbor property tax deduction. "Temporary living elsewhere doesn't necessarily disqualify the homeowner from the primary residence deduction," Markey said.
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