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Lisa Cook is latest target for Bill Pulte, Trump's housing regulator

Bill Pulte, FHFA director, uses allegations of mortgage fraud against Democrats to support President Trump's agenda and influence federal financial institutions.

  • On Wednesday, President Donald Trump used allegations publicized by Bill Pulte, director of the Federal Housing Finance Agency , in an attempt to remove Lisa Cook, Federal Reserve board member.
  • Bill Pulte's disclosures show a net worth of at least $180 million, and he has been increasing political donations during his tenure as FHFA director.
  • Using property records, Bill Pulte alleges Lisa Cook committed mortgage fraud, targets Democrats while ignoring Ken Paxton, Texas attorney general's similar case.
  • Lisa Cook plans to fight any removal, laying groundwork for a legal battle that could reshape the Federal Reserve Board and Federal Housing Finance Agency, while the White House said anyone who violates the law should be held accountable.
  • Pulte has publicly backed Trump's criticism of Federal Reserve Chair Jerome Powell, as Trump allies press Powell to cut interest rates, signaling broader attempts to influence central bank policy via allied officials.
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Trump foes like Fed Governor Lisa Cook find themselves targeted by top housing regulator

Bill Pulte, the country's top housing regulator, has been using his position to target President Trump's political enemies.

·United States
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Raw Story broke the news in United States on Tuesday, August 26, 2025.
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