Trump Ousts Watchdog Of U.S. Housing Regulator Involved In Mortgage Probes Of His Foes: Report
HuffPost
The internal watchdog for the U.S. Federal Housing Finance Agency is reportedly being removed from his role at a time when the housing regulator is playing a role in Trump's targeting of perceived political enemies.
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 launched a new hotline targeting mortgage fraud and made public criminal referrals against a series of Trump foes including New York Attorney General Letitia James, as well as Federal Reserve Board Governor Lisa Cook and California Democratic Senator Adam Schiff.
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