"Pulte is the director of the Federal Housing Finance Agency, or FHFA under President Donald Trump, serving in a role that gives him regulatory authority over the country's mortgage industry. He's been using that authority in unusual ways - including getting involved in Trump's clashes with the Federal Reserve. Pulte has been an outspoken critic of Federal Reserve Chair Jerome Powell, has called on him to resign, and reportedly gave Trump a drafted letter that would fire Powell."
"The younger Pulte founded his own investment firm, Pulte Capital Partners, in 2011, shortly after he graduated from Northwestern University. In addition to being CEO of Pulte Capital, he also served on the board of PulteGroup and was based in Michigan, near Detroit. In 2019, he gained a following on Twitter, now known as X, for engaging in "Twitter Philanthropy," in which he gave away thousands of dollars to various followers in need."
Bill Pulte serves as director of the Federal Housing Finance Agency under President Donald Trump, giving him regulatory authority over the mortgage industry. He used that authority to involve himself in disputes with the Federal Reserve, criticizing Chair Jerome Powell, calling on him to resign, and reportedly providing a drafted letter to fire Powell. Pulte accused Federal Reserve Governor Lisa Cook of mortgage fraud, prompting an attempted removal and an ongoing legal battle with economic implications. Pulte founded Pulte Capital Partners, served on PulteGroup's board, and gained attention for "Twitter Philanthropy," giving money to followers in need.
Read at Business Insider
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