Milan, who was nominated by Trump to serve as a Federal Reserve board member, was exposed to have similar issues with his mortgage as Cook.

White House Economic Advisory Committee Chairman Milan, who was nominated by Trump to serve as a Federal Reserve Board member, disclosed in a recent financial statement that he purchased a house through a mortgage loan that was listed as his primary residence at the time, but is now being used for rental purposes. A document released by the US Government Ethics Office last Friday shows that a mortgage loan obtained by Milan in 2022 has changed status. The document notes that the loan, valued between $500,000 and $1 million, with an interest rate of 2.375%, "was previously reported as being used to purchase a primary residence, but has now begun to be used for rental purposes during the reporting period." Trump recently tried to dismiss Fed Board member Powell on the grounds of mortgage fraud, a similar reason to Milan's actions.