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LudwigPastorius

(13,220 posts)
15. Pulte's an asshole.
Fri Jun 20, 2025, 01:39 PM
Jun 20
Pulte marked his tenure by consolidating control over Fannie Mae and Freddie Mac.[19] Days after being sworn in, he moved to oust numerous members of the companies's boards and named himself chairman.[20] Christopher Stanley, a cybersecurity engineer at SpaceX and a Department of Government Efficiency employee, was appointed to the board of Fannie Mae.[21] Pulte placed thirty-five workers on administrative leave; according to the National Treasury Employees Union, they were not given advance notice.[22]

He later signed an order ending programs at the companies supporting first-time home buyers and assisting in down payments, leading to concerns that the companies could be privatized.[23] Pulte's job cuts targeted a department that oversaw fair housing rules for the Federal Home Loan Bank system.[24]

In April, Pulte referred Letitia James, the attorney general of New York, to attorney general Pam Bondi and deputy attorney general Todd Blanche for criminal prosecution, alleging that James "falsified bank documents and property records to acquire government backed assistance and loans and more favorable loan terms." The following month, The Washington Post reported that the Department of Justice was investigating James.[25]


https://en.wikipedia.org/wiki/Bill_Pulte

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tRump did not crush inflation. It was already way down before January. Biden & Powell crushed it. . . . . nt Bernardo de La Paz Jun 20 #1
Pulte not regulating mortgage market. He's in charge of DE-regulating the market. . . . nt Bernardo de La Paz Jun 20 #2
Interest rates are set by a committee of 12 GregariousGroundhog Jun 20 #3
Message auto-removed Name removed Jun 20 #4
Pulte is self-serving trying to get more pie for himself. bucolic_frolic Jun 20 #5
Ah! I knew that his name sounded familiar! mwmisses4289 Jun 20 #6
$30 M revenue divided by 200 is $150 K per employee, which is rather low these days Bernardo de La Paz Jun 20 #7
Good sleuthing. bucolic_frolic Jun 20 #8
I hope Chairman Powell tells him to F off, he's just doing Trump's bidding. Since when are the repugs worried about.... usaf-vet Jun 20 #9
Wall Street will NOT be pleased if Powell is fired ! kimbutgar Jun 20 #10
Trump didn't "crush inflation." AS Paul Krugman pointed out, Biden lost the election largely because of inflation (that Martin68 Jun 20 #11
Groceries still rising where I am n/t hibbing Jun 20 #13
You may think you want grocery prices declining, but that would be deflation, worse than inflation Bernardo de La Paz Jun 20 #16
This message was self-deleted by its author krkaufman Jun 20 #12
Powell is a Republican originally appointed to the board by 45 in 2017 to replace Yellen BumRushDaShow Jun 20 #14
Pulte's an asshole. LudwigPastorius Jun 20 #15
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