Michigan official: There is no evidence that Federal Reserve Governor Cook violated the principle residence declaration rule
2025-09-15 22:30:37
Lisa Cook, the governor of the Federal Reserve, did not violate a rule in declaring a property tax deduction for her primary residence, the Ann Arbor, Michigan, property tax authority said, according to foreign media reports. The finding could strengthen Cook's defense of 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 rules. Cook did live elsewhere at times, and municipal records show that she had applied to authorities in Ann Arbor 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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