Is FHFA Boss Targeting Dems?

Bombshell segment on the 09/18/25 edition of MSNBC’s All In w/Chris Hayes delved into the current head of the Federal Housing Finance Authority (FHFA), William Pulte, and specifically whether he is the source of all the mortgage fraud allegations currently leveled at prominent Democrats

Hayes correctly pointed out that it does appear odd, that Democrats who President Trump has publicly feuded with, and expressed contempt for, are suddenly facing accusations of mortgage fraud. Importantly, the person who President Trump has appointed to head FHFA, which among other things, overseas the U.S. mortgage market, is a diehard MAGA and a major donor to the Trump campaign. Per Hayes, he’s an heir to a major construction company.

Could he be the one digging into Trump opponents’ mortgage files for “dirt”? Hayes certainly seems to be making that argument in this segment. If true, this would not only be a blatant abuse of power, but could potentially also be a legal infraction pertaining to privacy. 

But let’s not put the cart before the horse here. The prudent thing is to first confirm that it is indeed Mr Pulte who is leaking people’s mortgage files. After that, we can consider the potential legal ramifications

 Bottom line, this is the classic issue that begs for congressional oversight. Americans are already struggling to keep up with their mortgage payments. The last thing they need is some politically-motivated fat cat rummaging through their mortgage files digging for “political dirt”. There are federal agencies already in place to independently deal with mortgage fraud.

Monies Raised By Trump’s PACs Are Being Spent On His Legal Fees

$upport via Cash App

Turns out, per bombshell segment on CNN‘s NewNight Show (01/30/24) that political action committees (PACs) supporting former President Donald Trump are using the $50 million they have raised, to offset Trump’s personal legal bills. As NewsNight host Abby Phillips hastily points out, as shady as this may appear to the general public, it is apparently totally legal.

One would understand why the public would struggle with the legality of this action by Trump’s PACs, given the myriad news stories out there, of people being criminally prosecuted for starting GoFundMe campaigns to ostensibly raise funds for medical bills, only to turn around and use those funds for personal items like new vehicles, rent, jewellery, etc. If that is illegal, then why should it be perfectly legal for a PAC, which ostensibly raises money for Trump’s campaign for the presidency in 2024, to turn around and use the raised funds to offset his personal legal bills?

Host Abby Phillip (0:15): “Sources tell CNN that $50 million, is how much the PACs supporting Trump, have raised and then donated to the cause of keeping Trump out of jail. Now, mind you, this is all legal, but a spokesman for one of those PACs insists tonight to the New York Times, that every dollar being raised by MAGA Inc is going directly to defeating Joe Biden in November. But at least some of those dollars and cents are as of this moment, being siphoned off for courtroom costs.”

Bottom line folks, reasonable people will agree that there is no difference between the financial fraud that GoFundMe scammers are rightly criminally prosecuted for, and what these Trump PACs are engaged in. Simply put, rather than just throwing up our hands in the air and accepting this cheating by Trump’s PACs as “totally legal”, maybe some legal eagle should embark on a novel federal lawsuit arguing that Trump’s PACs are defrauding their donors, and are in essence, no different than the criminal GoFundMe scammers. While this may not fix the issue during this 2024 election cycle, maybe, just maybe, it may spur members of Congress to come up with a legislative fix for these and other PAC loopholes, for future elections.

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