Michigan officials: There is no evidence that The Federal Reserve Board of Governors member Cook violated primary residence disclosure requirements.

[Officials in Michigan: No evidence that Federal Reserve Board of Governors member Cook violated primary residence disclosure regulations] According to foreign media reports, the property tax authority in Ann Arbor, Michigan, stated that Federal Reserve Board member Lisa Cook did not violate regulations when declaring her property tax exemption for her primary residence. This finding may strengthen Cook's defense against efforts by the Trump administration to remove her from the Federal Reserve Board. Ann Arbor assessor Jerry Markey stated, "There is no reason to believe" that Cook violated property tax regulations. Cook does occasionally reside elsewhere, and municipal records show that she applied for permission from Ann Arbor authorities to short-term rent her Michigan residence. The official stated that temporarily leaving a residence or renting it short-term does not disqualify Cook from the property tax exemption in Ann Arbor. Markey said, "Temporarily living elsewhere does not necessarily cause a homeowner to lose primary residence exemption eligibility."