President Trump appointed Bill Pulte as director of the Federal Housing Finance Agency in early 2025. Pulte, a real estate developer, promised to tackle high housing costs. He quickly gained attention for bold actions.
Moreover Pulte used his position to accuse public figures of mortgage fraud. Targets included New York Attorney General Letitia James and Federal Reserve Governor Lisa Cook.
The Allegations
Senate Democrats raised concerns about Pulte’s conduct. They claimed he misused government resources for personal attacks. Pulte allegedly targeted Trump’s political enemies instead of focusing on housing issues.
Additionally, critics pointed to Pulte’s social media posts. He shared claims against Senator Adam Schiff and others without solid evidence.
The Probe Begins
The Government Accountability Office launched the investigation on December 4, 2025. GAO accepted a request from top Democrats, including Senator Elizabeth Warren. Furthermore the probe examines if Pulte violated ethics rules. Investigators will review his use of agency staff and funds for non-official purposes.
Reactions from Leaders
Warren criticized Pulte sharply. She stated he weaponized his role against opponents rather than lowering housing prices. However Pulte defended his actions. He called the probe a partisan attack and vowed to continue exposing fraud.
Implications for Housing Policy
This investigation could delay reforms at FHFA. It reflects tensions between Trump appointees and Democrats. In conclusion, the GAO probe tests the mettle of Pulte’s leadership. It may shape future oversight of federal agencies.
