Donor, now a regulator, leads effort to accuse Trump foes of fraud
Washington – Behind the White House’s President Trump’s effort to saddle his political enemies on charges of mortgage fraud.
Bill PulteFlorida native, Trump’s orbit towards the end of the first period. After establishing Trump on social media and generous donations for years, he now runs the federal housing financing agency – a sea bass that allows him to target the leading figures of the President.
In the last five months, Pulte directed three mortgage fraud against the Ministry of Justice against Trump’s enemies to New York Chief Public Prosecutor Letitia James; Democratic Senator Adam Schiff from California; And this week, Lisa Cook, a governor of the Federal Reserve Board of Directors.
Each refused to do it wrong. Trump announced on Monday night that he moved to Fire Cook.
For the FHFA director, it is an unusual role that organizes Fannie Mae, the country’s largest company, and Freddie Mac. Two mortgage financing companies supporting almost half of the US housing mortgage market were taken over by FHFA during the 2008 economic crisis.
The grandson of one of Michigan’s richest and most productive home builders He made a name for himself on Twitter in 2019 With public cash gifts to people in need. He promised to give two cars in exchange for a Trump Retweet that year he took that year and called it the inventor of his Twitter philanthropy ”. Then he made more than 3 million follow -up.
Records show pulte Significant donated Super PACs for Trump, the National Committee of the Republic and the 2024 elections.
Pulte’s letters to Atty. General Pam Bondi was tight and carefully written. However His social media postsNot to celebrate the targeted attacks.
“Trump was the first president to remove the federal reserve governor, ı he wrote on X, among the retweets of right -wing commentators praising the movement. “The mortgage fraud may be sentenced to up to 30 years.”
In another article in X, Pulte, who quoted a CNN title, wrote that Trump’s firing of Cook “increased his war against the central bank – – that was motivated by Trump’s ongoing complaints with Trump’s FED leadership.
Cook’s firing legally suspected and lawyer Abbe Lowell said in a statement that Cook is planning to sue the management while continuing to fulfill his duties for the FED. Lowell also represents James in his defense against the Ministry of Justice.
In May, the Supreme Court decided that Trump could fire individuals from independent federal institutions, and called the FED as an exception, and called it a olur a unique, semi -private being ”. . 1913 Federal Reserve Law He states that he can only expel a member of the President’s leadership for “reason”.
However, in a letter he wrote to Bondi, he wrote Pulte, only the governor of the FED “Potentially” processed mortgage fraudTo accuse the falsification of bank documents and property records in order to acquire more appropriate credit conditions.
Pulte, Cook Ann Arbor, Mich. And accused of listing two houses in Atlanta. Cook said that he would receive any questions about my financial history ”and that he has collected the right information to answer legitimate questions and to provide the facts”.
Pulte’s other charges against James and Schiff are superficially superficially accusing the public openly against potential guilt before a complete and independent investigation.
And it is far from being clear whether these investigations will be neutral. At the beginning of this month, Bondi appointed Ed Martin, a conspiracy theorist who supports the mob Stop the play ”movement as a special prosecutor to investigate James and Schiff cases after Joe Biden’s election victory in 2020.
Pulte accused Trump of falsifying Bank statements and property records to secure more appropriate credit conditions for the houses in Virginia and New York. Schiff and Washington, who protected the houses in California weeks later, made similar claims about the suburbs of DC
Schiff, which has led the President to object to a house of Trump in the first period and remained one of the most vocal and strong political enemies since he joined the Senate, Rejected the president’s claims As “Basic Basic Entrance to Political Extraction”.
Schiff spokesman said that he is always transparent in having two homes in Washington, partly in Washington and has always followed the law and the advice from the home advisor to arrange his mortgages.
While Trump made his claims, Fannie Mae conducted an investigation as the source of the “Department of Financial Crimes”.
A memorandum examined by Times from Fannie Mae inspectors to Pulte does not accuse Schiff of mortgage fraud. FHFA General Inspectors by FHFA’s credit files and Schiff’s homes for “relevant researchers or quality control documents” said.
Inspectors, Schiff at various points both Potomac, art. As a result, they concluded that Schiff and his wife Eve made a müdür continuous model with a wrong statement ”in home loans between 2009-2020.
The inspectors did not say that they had concluded that a crime was committed or that they did not mention the word “fraud” in the note.
