The names of Tom Nook's cousins in the Animal Crossing franchise are named "Timmy" and "Jimmy".

The statement is false because Tom Nook does not have any cousins named Timmy and Jimmy in the Animal Crossing franchise. Tom Nook is a raccoon character who is a central figure in the series as he runs the in-game store. However, his nephews, Timmy and Tommy, are often seen assisting him in the store and managing various aspects of the game's economy.