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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: S. maltophilia11/4/2025 12:21:26 AM
   of 119360
 
Trump ousts watchdog of US housing regulator involved in mortgage probes of his foes, sources say

By Sarah N. Lynch, Chris Prentice and Marisa Taylor
November 3, 2025 8:59 PM CST Updated 1 hour ago

  • FHFA's acting inspector general Joe Allen removed amid political tensions
  • Pulte bypassed Inspector General in pursuing cases against Trump foes
  • Trump administration has removed nearly two dozen agency watchdogs
  • U.S. Senator Elizabeth Warren demands answers from FHFA Director Pulte
WASHINGTON, Nov 3 (Reuters) - The internal watchdog for the U.S. Federal Housing Finance Agency is being removed from his role, four people familiar with the matter said, at a time when the housing regulator is playing a role in President Donald Trump's targeting of perceived political enemies.
The ouster of Joe Allen, FHFA's acting inspector general, follows the agency's director, Bill Pulte, becoming an outspoken voice in support of the Trump administration. Across the government, the Trump administration has so far fired or reassigned close to two dozen agency watchdogs, who police waste, fraud and abuse. It has also defunded the group that supervises those offices.

The FHFA did not immediately respond to emails and a call seeking comment. The four people spoke on condition of anonymity as they are not authorized to discuss internal moves at the agency.
Created after the 2008 financial crisis, the FHFA is typically a low-profile regulatory office, but Pulte has...

reuters.com

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