"YOUR FIRED!" The now disgraced and fired American economist who was sworn in as a member of the Federal Reserve Board of Governors in 2022. Under the Obama/Biden/Harris/Auto Pen/Pelosi, and so on White House.
She is the first black woman to sit on the Board. SO A DEI Hiring as it's not about the color of the person skin it's the character of the person you put in charge that counts, and if they got a high enough IQ for the work. This is why DEI is dangerous, and needs to be mopped out of our system with the rest of the swamp.
.jpg)
The left claims that this is now the Trump path as a Official Push on Mortgage Fraud to Give himself a Political Weapon against his political rivals, and we don't shed a tear. This is why I voted for him 3 times to drain the swamp, clean up the border, get the economy moving again, and protect us from WARS, and keep our country safe. So far so good.
Now as the director of Federal Housing Finance Agency this could win the president an opening on the Federal Reserve board. Bill Pulte finally may have captured a head at the Fed. For weeks, the director of the Federal Housing Finance Agency has publicly called for the firing of Jerome H. Powell, the Federal Reserve chair, and issued warnings on social media about a crackdown on mortgage fraud.
.jpg)
Now as the director of Federal Housing Finance Agency this could win the president an opening on the Federal Reserve board. Bill Pulte finally may have captured a head at the Fed. For weeks, the director of the Federal Housing Finance Agency has publicly called for the firing of Jerome H. Powell, the Federal Reserve chair, and issued warnings on social media about a crackdown on mortgage fraud.
That crackdown appears to have now ensnared a different member of the Federal Reserve Board, Lisa Cook. On Monday evening, President Trump fired Ms. Cook because of allegations that she falsified records to obtain favorable terms on a mortgage, a step that could give him greater control over the central bank.
After Mr. Trump announced that Ms. Cook was fired, Mr. Pulte celebrated on social media. “Thank you President Trump for your commitment to stopping mortgage fraud and following the law,” Mr. Pulte wrote on X. “If you commit mortgage fraud in America, we will come after you, no matter who you are.”
After Mr. Trump announced that Ms. Cook was fired, Mr. Pulte celebrated on social media. “Thank you President Trump for your commitment to stopping mortgage fraud and following the law,” Mr. Pulte wrote on X. “If you commit mortgage fraud in America, we will come after you, no matter who you are.”
Mr. Pulte, who has more than three million followers on social media, has used his position at the housing finance agency to attack and investigate Mr. Trump’s political enemies. He has accused Mr. Powell of mismanaging the renovation of the Fed’s headquarters and initiated mortgage fraud investigations into Letitia James, the New York attorney general, who prosecuted Mr. Trump and his companies, and Senator Adam B. Schiff, the California Democrat who led the effort to impeach Mr. Trump during his first term.
Then he seized on Ms. Cook. Last week, Mr. Pulte posted images of her signatures that appeared to show that she improperly designated both a condominium in Atlanta and a home in Ann Arbor, Mich., as her primary residence when taking out loans. In doing so, Mr. Pulte said, Ms. Cook appeared to have “falsified bank documents and property records” that could have allowed her to obtain lower interest rates and more favorable loan terms.
“When someone commits mortgage fraud, they undermine the faith and integrity of our System,” Mr. Pulte wrote on X, adding that he was referring the case to the Department of Justice. Ms. Cook said she would not step down from the central bank’s board, saying that “no cause exists under the law” for Mr. Trump to fire her. A lawyer representing Ms. Cook said he was readying a lawsuit to challenge the firing. She has not been charged with a crime.
Before Mr. Trump fired her, Ms. Cook had issued a brief statement saying she had “no intention of being bullied to step down from my position because of some questions raised in a tweet.” Ms. Cook added that she took “questions about my financial history seriously as a member of the Federal Reserve, and so I am gathering the accurate information to answer any legitimate questions and provide the facts.”
The claims against Ms. Cook come as Mr. Trump has railed against the central bank for being slow to cut interest rates and has looked to staff the central bank with loyalists. He has already picked Stephen Miran, a top economic adviser, to fill a seat that recently opened up after another governor, Adriana Kugler, left her post months before her term was up. Mortgage occupancy fraud can be used to help buyers get lower interest rates or down payments when purchasing a home. According to Cotality, a real estate data provider, mortgage fraud increased slightly in the second quarter of 2025, but just 0.86 percent of all mortgage applications contained fraud.
A 2023 study from the Federal Reserve Bank of Philadelphia found that on average, between 2 and 3 percent of borrowers misrepresent their occupancy status when applying for a mortgage, though it was significantly higher during the run-up to the financial crisis. Most cases of occupancy fraud are uncovered when a borrower defaults on a mortgage, and it tends to be more common with investor-owned homes. In 2024, Mr. Trump was found liable in a New York civil case of fraudulently inflating his net worth in order to get better rates on bank loans.
The claims against Ms. Cook come as Mr. Trump has railed against the central bank for being slow to cut interest rates and has looked to staff the central bank with loyalists. He has already picked Stephen Miran, a top economic adviser, to fill a seat that recently opened up after another governor, Adriana Kugler, left her post months before her term was up. Mortgage occupancy fraud can be used to help buyers get lower interest rates or down payments when purchasing a home. According to Cotality, a real estate data provider, mortgage fraud increased slightly in the second quarter of 2025, but just 0.86 percent of all mortgage applications contained fraud.
A 2023 study from the Federal Reserve Bank of Philadelphia found that on average, between 2 and 3 percent of borrowers misrepresent their occupancy status when applying for a mortgage, though it was significantly higher during the run-up to the financial crisis. Most cases of occupancy fraud are uncovered when a borrower defaults on a mortgage, and it tends to be more common with investor-owned homes. In 2024, Mr. Trump was found liable in a New York civil case of fraudulently inflating his net worth in order to get better rates on bank loans.
A New York appeals court panel last week rejected the $500 million penalty the judge in the case imposed and raised questions about the case itself and how it was conducted, but let the judgment stand so Mr. Trump could continue appealing it.
The role of director of the Federal Housing Finance Agency is usually a low-profile one, but that has not been the case for Mr. Pulte, who has transformed the agency into a weapon for Mr. Trump. Mr. Pulte, 37, came to run the housing agency with little housing policy experience. A grandson of William Pulte, who was the founder of PulteGroup, one of the largest American home builders, he did not play an active role at the company, though he did serve as a board member from 2016 to 2020.
The role of director of the Federal Housing Finance Agency is usually a low-profile one, but that has not been the case for Mr. Pulte, who has transformed the agency into a weapon for Mr. Trump. Mr. Pulte, 37, came to run the housing agency with little housing policy experience. A grandson of William Pulte, who was the founder of PulteGroup, one of the largest American home builders, he did not play an active role at the company, though he did serve as a board member from 2016 to 2020.
Before being tapped by Mr. Trump to run housing agency, Mr. Pulte was best known for running his own investment firm and helping to clean up blighted homes in Detroit not far from where PulteGroup got its start. His main job as the agency’s director is overseeing the government-controlled mortgage giants Fannie Mae and Freddie Mac, which are the twin engines that drive the nation’s housing market.
Fannie and Freddie have been under government control since the federal government had to bail them out during the 2008 financial crisis to prevent an even greater collapse of the housing market. Even though the companies are controlled by the government, they operate quasi-independently. But one of the first things Mr. Pulte did was to name himself as chairman of the boards of both companies and oust a number of board members.
In a post on Sunday, Mr. Pulte said reducing fraud was critical to improving the mortgage firms. “Fannie Mae and Freddie Mac are getting stronger each and every day,” Mr. Pulte wrote. “And once we eliminate mortgage fraud, will be even stronger!” On Monday, he reposted copies of Mr. Trump’s firing letter and hailed the president for becoming the first to ever remove a Federal Reserve governor. He also issued an ominous warning about Ms. Cook’s potential legal fate. “Mortgage fraud can carry up to 30 years in prison,” Mr. Pulte said.
As more drops we will keep you informed. More of these libs will keep getting busted of using the same tactics they lied and tried to lock up Trump on... Payback is a bitch.
In a post on Sunday, Mr. Pulte said reducing fraud was critical to improving the mortgage firms. “Fannie Mae and Freddie Mac are getting stronger each and every day,” Mr. Pulte wrote. “And once we eliminate mortgage fraud, will be even stronger!” On Monday, he reposted copies of Mr. Trump’s firing letter and hailed the president for becoming the first to ever remove a Federal Reserve governor. He also issued an ominous warning about Ms. Cook’s potential legal fate. “Mortgage fraud can carry up to 30 years in prison,” Mr. Pulte said.
As more drops we will keep you informed. More of these libs will keep getting busted of using the same tactics they lied and tried to lock up Trump on... Payback is a bitch.
