The U.S. Treasury Secretary previously engaged in "real estate fraud" similar to that of Federal Reserve Governor Cook.

BlockBeats News, September 17 — According to foreign media reports, a recent mortgage document shows that US Treasury Secretary Bessent once agreed to designate two different houses as his "primary residence" at the same time, which is strikingly similar to the kind of conflicting commitments that US President Trump has tried to use to remove Federal Reserve Governor Cook.

Bessent's contradictory agreements made in 2007 allowed him to designate homes in both New York and Massachusetts as his primary residence simultaneously. However, mortgage experts say there is no indication of any wrongdoing on his part. On the contrary, his case demonstrates that inconsistencies in housing loan application documents are not necessarily evidence of fraud. (Golden Ten Data)