Trump ousts watchdog of US housing regulator involved in mortgage probes of his foes: Report
- On Tuesday, Bill Pulte, director of the Federal Housing Finance Agency, was reported under ethics investigation after he unearthed mortgage documents that triggered the probe.
- Fannie Mae's ethics office received internal complaints alleging senior officials directed staff to access mortgage documents for critics of President Donald Trump, including New York Attorney General Letitia James.
- Investigators elevated the matter to the FHFA Office of Inspector General, which then passed it to the U.S. attorney's office in eastern Virginia; Bill Pulte was the original source and made similar claims about Sen. Adam Schiff and Federal Reserve Governor Lisa Cook.
- FHFA leadership removed multiple ethics office personnel shortly, dismissing Suzanne Libby, Danielle McCoy and Joe Allen; Pulte said firings were over their DEI involvement.
- This controversy intersects with broader legal and political battles over mortgage records, and the probe could dent the FHFA's credibility amid ongoing fights involving Letitia James, New York Attorney General.
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Fannie Mae ethics team gutted as they investigated FHFA head Pulte
AP Photo/John ClarkNew York Attorney General Letitia James, speaks to the media after pleading not guilty outside the United States District Court in Norfolk, Va. on Friday, Oct. 24, 2025. (AP Photo/John Clark) By Theresa Braine | New York Daily News Anti-DEI measures cited to justify laying off 62 Fannie Mae employees last month may have been a foil for firing ethics investigators looking into whether director Bill Pulte improperly obtained mor…
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