The Dictatorship
Fannie Mae officials ousted after voicing concerns on data leak
WASHINGTON (AP) — A confidant of Bill Pultethe Trump administration’s top housing regulator, provided confidential mortgage pricing data from Fannie Mae to a principal competitor, alarming senior officials of the government-backed lending giant who warned it could expose the company to claims that it was colluding with a rival to fix mortgage rates.
Emails reviewed by The Associated Press show that Fannie Mae executives were unnerved about what one called the “very problematic” disclosure of data by Lauren Smith, the company’s head of marketing, who was acting on Pulte’s behalf.
“Lauren, the information that was provided to Freddie Mac in this email is a problem,” Malloy Evans, senior vice president of Fannie Mae’s single-family mortgage division, wrote in an Oct. 11 email. “That is confidential, competitive information.”
He also copied Fannie Mae’s CEO, Priscilla Almodovar, on the email, which bore the subject line: “As Per Director Pulte’s Ask.” Evans asked Fannie Mae’s top attorney “to weigh in on what, if any, steps we need to take legally to protect ourselves now.”
While Smith still holds her position, the senior Fannie Mae officials who called her conduct into question were all forced out of their jobs late last month, along with internal ethics watchdogs who were investigating Pulte and his allies.
Housing industry rattled by dismissals
The dismissals rattled the housing industry and drew condemnation from Democrats. It also gave Pulte’s critics evidence to support claims that he has leveraged the nonpublic information available to him to further his own political aims.
“This is another example of Bill Pulte weaponizing his role to do Donald Trump’s bidding, instead of working to lower costs amidst a housing crisis,” said Sen. Elizabeth Warren, of Massachusetts, the ranking Democrat on the Senate Banking Committee. “His behavior raises significant questions, and he needs to be brought in front of Congress to answer them.”
The episode marks the latest example of Pulte using what is typically a low-profile position in the federal bureaucracy to enhance his own standing and gain the attention of President Trump. He’s prompted mortgage fraud investigations of prominent Democrats who are some of the president’s best known antagonists, including Sen. Adam Schiff of California, New York Attorney General Letitia James and California Rep. Eric Swalwell.
In June, he ordered Fannie Mae and Freddie Mac to prepare a proposal for the firms to accept cryptocurrency, another industry Trump has boosted, as part of the criteria for buying mortgages from banks. Last week, he persuaded Trump about the allure of a 50-year mortgage as a way to increase home buying and building — a proposal that was widely criticized because it would drastically increase the overall price of a loan.
Pulte is also targeting the nation’s largest homebuilders
Pulte also has focused on large home construction companies, which have drawn Trump’s ire. Pulte requested confidential Fannie Mae data and has publicly signaled that he is considering a crackdown if the companies do not increase construction volume.
“I’m looking at the Fannie Mae builder data and with the top three homebuilders we buy EASILY over $20 billion in THEIR LOANS!” he posted to X in early October.
In a brief statement, the Federal Housing Finance Agency, which Pulte leads, did not address questions from the AP, but said the agency “requires its regulated entities to carry out their operations in compliance with all applicable laws and regulations.”
Fannie Mae said it takes “compliance with the law very seriously and we have a rigorous program to ensure we follow all laws and regulations.”
Pulte and Smith did not respond to requests for comment.
Currying favor with the president
Since his appointment to lead the FHFA, Pulte has sought to ingratiate himself with Trump. The 37-year-old scion of a homebuilding company fortune, Pulte has cultivated a reputation as a hyper-online millennial with a thirst for recognition and a desire to please the president. He and his wife also donated about $1 million to Trump’s campaign, campaign finance disclosures show.
When Trump sought to oust Federal Reserve chair Jay Powell, Pulte became a leading attacker, routinely taking to X, formerly Twitter, where he has over 3 million followers, to excoriate the central bank leader.
The Wall Street Journal reported this week that some Fannie Mae ethics and oversight officials who were fired last month had been investigating whether Pulte improperly obtained mortgage information for James, who was charged last month with bank fraud after Pulte sent a criminal referral to the Justice Department. She said the charges, which she denies, are politically motivated.
Pulte’s power over the mortgage lending industry is unusual. Not long after his Senate confirmation, he appointed himself chairman of both Fannie Mae and Freddie Mac, which hold trillions of dollars in assets. The companies serve as a crucial backstop for the home lending industry by buying up mortgages from individual lenders, which are packaged together and sold to investors.
The three competing roles present the potential for a conflict of interest that is detailed in emails reviewed by AP. Like many matters of public policy in Trump’s Washington, it appears to have begun with a social media post.
In October, Trump criticized the homebuilding industry, which he likened to the oil-market-dominating cartel OPEC.
“They’re sitting on 2 million empty lots, A RECORD,” the president posted to his social media platform, Truth Social. “I’m asking Fannie Mae and Freddie Mac to get Big Homebuilders going.”
“On it,” Pulte posted in response on X.
Sensitive data was gathered
Pulte turned to Smith, who in her brief tenure at Fannie Mae had become a trusted Pulte ally whose work portfolio transcended the boundaries dividing Fannie Mae, Freddie Mac and the FHFA, according to two people who spoke on condition of anonymity out of fear of retribution.
Soon, a team at Fannie Mae was overseeing an effort to pull together a tranche of mortgage data, according to emails reviewed by the AP. Smith played a central role and shared the confidential lender-level pricing information with Freddie Mac, which set off alarms at both companies, according to the emails. A spokesman for Freddie Mac declined comment.
In the Oct. 11 message to Smith, Evans, the Fannie Mae mortgage executive, also added others to the email chain because they “were involved with this week’s efforts to compile this information” and he wanted to “make sure you do not exacerbate this issue.”
Danielle McCoy, Fannie Mae’s general counsel, weighed in, adding that the information Smith provided to Freddie Mac should “never be shared” and “could put the company at risk.”
Others who were part of the email chain included Almodovar, the CEO; chief operating officer Peter Akwaboah; Devang Doshi, a senior vice president for capital markets; and John Roscoe, a Pulte loyalist and former Trump White House aide, who served as Fannie Mae’s executive vice president of public relations and operations.
Days later, Almodovar, McCoy and Evans — who did not respond to requests for comment — were out of a job. Meanwhile, Roscoe was promoted to co-president of the company, while Akwaboah was named acting CEO.
Pulte also got something he wanted.
A day after the terse email exchange, Trump posted a graphic to his Truth Social network that featured Fannie Mae’s logo, a list of large homebuilders and the headline “We Give Them Billions.”
Pulte quickly reposted it.
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Associated Press writer Fatima Hussein contributed reporting.
Sen. Thom Tillis issued a harsh critique of Defense Secretary Pete Hegseth and his “mediocre yes-men” on Saturday for what the North Carolina Republican called a “careless decision” to force out and downgrade U.S. general officers.
“Hegseth continues to surprise and disrespect our greatest allies and some of our best military professionals with impulsive decisions not grounded in reality or good judgment,” Tillis wrote in a post on X.
Tillis posted his comments in response to new reporting from NOTUS that the Pentagon is planning on downgrading the Army’s top command overseeing Europe and Africa, which the publication attributed to five people familiar with the decision. The Pentagon has not confirmed such plans and did not immediately respond to a request for comment from MS NOW regarding the NOTUS report and Tillis’s rebuke of Hegseth.
The move would come amid a larger restructuring of U.S. forces in Europe, including the halting of troop deployments to Germany and Poland, and reverse the merger of the Army’s European and African commands that was ordered during Trump’s first term.
Tillis also called out Hegseth for his planned replacement of Gen. Christopher Donahue, which was also first reported by NOTUS. The senator called the reported move to replace Donahue, a four-star general best known as the last U.S. servicemember to exit Afghanistan in 2021, “a step that is not in the best interests of our nation or our servicemembers.”
“If the rumors are true that Hegseth is trying to sideline Gen. Christopher Donahue, one of our nation’s finest warfighters, by downgrading U.S. Army Europe-Africa to a 3-star command, he is taking another step down a dangerous path,” Tillis said.
Last month, Hegseth fired Army Chief of Staff Gen. Randy George — the Army’s top uniformed officer — and two other generals following a purge of other senior military leaders. Tillis said Donahue has “dedicated his entire career to upholding the high standards and warrior ethos that Hegseth claims he is restoring to our ranks.”
Since the North Carolinian announced he would retire from the Senate when his term is up in January, he has become the rare outspoken GOP critic of the Trump administration. He recently held up Kevin Warsh’s nomination to chair the Federal Reserve, only voting to confirm the former financier once the Department of Justice ended its investigation into outgoing Fed chair Jerome Powell.
Tillis was initially a holdout for Hegeth’s Senate confirmation but ultimately supported him, though he became a vocal critic of the defense secretary, telling BLN last summer that Hegseth appeared “out of his depth” atop the department.
“Hegseth would do well to surround himself with more patriots like General Donahue and to get his henchmen, who are not qualified to carry Donahue’s bag, out of the Pentagon,” Tillis said at the end of his post. “Keep your word, Mr. Secretary: choose meritocracy over your mediocre yes-men.”
Adam Hudacek is a desk associate for MS NOW covering national politics in Washington, D.C.
“Bill Cassidy is a sleazebag, a terrible guy, who is BAD FOR LOUISIANA.”
And so began President Donald Trump’s social media rant on Saturday, fresh off his trip to Chinaback in Washington and waging his revenge tour in full force on a day when fealty to the president is on the ballot in the Bayou State.
“Now he’s going to get CLOBBERED, hopefully, in today’s BIG election, by two great people!!!” the president continued in his Truth Social postasking GOP voters in Louisiana to cast their ballots for Rep. Julia Letlow, R-La., the candidate Trump is backing to win the high-profile Senate GOP primary contest in a key test of his strength within the Republican Party as he seeks to punish Cassidy for his betrayal.
In his first Truth Social post aimed at Cassidy since returning to U.S. soil, Trump pointed to the two-term senator’s biggest sin: His 2021 vote to convict Trump on impeachment charges related to the Jan. 6 Capitol riots.
“Senator Bill Cassidy of Louisiana is a disloyal disaster. His entire past campaign for the Senate was about ‘TRUMP,’ how he’s with me all the way, and then, after winning, he turned around and voted to IMPEACH me for something that has now proven to be total ‘bullshit!’” Trump wrote.
A third candidate, Louisiana state treasurer John Fleming is also seeking the GOP Senate nomination, and recent polling from Emerson College shows both challengers ahead of Cassidy.
Still, Cassidy has continued to reach out to MAGA voters, saying Friday that the race “is not me versus Donald Trump.”
“If somebody wants someone who can work with President Trump for the good of our country and the good of our state, I’m your candidate,” Cassidy told MS NOW. He did not comment on whether the Republican party has room for those that cross Trump. When asked for comment on the president’s criticism posted Saturday, Cassidy’s campaign responded with a video of Letlow referring to herself as a “progressive leader.”
Cassidy’s battle for political survival illustrates the stark divide within the Republican Party between the establishment and true believers in the MAGA movement.
Richard Logis, a former MAGA activist who defected from Trump’s movement, said Saturday that he believes the MAGA wing of the GOP, which prides itself on being a big-tent party, will continue to splinter as the president’s popularity sinks.
“I do believe that the cracks are there right now,” Logis said on MS NOW’s “The Weekend,” adding, “I think the schisms and the chasms are widening.”
Logis and members of his organization, called Leaving MAGA, are part of a small but vocal community of Republicans mounting an effort to redirect the future of the GOP away from the MAGA movement that Trump created, but their mission faces long odds.
According to polling by YouGov63% of Republicans today identify as MAGA, up from 53% in 2025 and 38% back in 2023, a year after Logis left the movement. However, MAGA identification among registered independent voters remains low in the latest polling data — just 12% — and overall, only one in four voters in the U.S. identifies as MAGA.
Trump has spent much of his second term punishing those within his party who broke with his agenda, including a handful of state senators in Indiana who rejected his push to redraw the state’s congressional map. Of the seven state senators who were challenged by Trump-backed candidates, five lost their reelection bids.
The ideological battle within the GOP came into focus early in Trump’s second term. Multiple Republican lawmakers, including onetime MAGA firebrand former Rep. Marjorie Taylor Greene, R-Ga., and Sen. Thom Tillis, R-N.C., either resigned or announced their retirement after breaking with the president.
Greene, who publicly fell out with the president over his ties to Jeffrey Epstein, said in January that “MAGA purity tests and loyalty demands are going to cost the Republican Party votes.” She left Congress after Trump labeled her a “traitor” for criticizing his administration’s handling of the Epstein files and backed a GOP primary challenger in her district.
The president’s pattern of political retribution began in force following his departure from the White House in 2021, when he used his influence to oust prominent GOP incumbents who voted for his impeachment or conviction, including former Rep. Liz Cheney of Wyoming.
On Saturday night in Louisiana after the polls have closed and the counting is done, Cassidy, one of three Republican senators remaining who voted to convict Trump, may find out whether he’s joining Cheney in early retirement.
Mychael Schnell and Syedah Asghar contributed to this report.
Adam Hudacek is a desk associate for MS NOW covering national politics in Washington, D.C.
TEL AVIV, Israel (AP) — An Israeli airstrike in Gazakilled the leader of Hamas’ military wing who was one of the last surviving architects of the attacks that triggered the warin late 2023, the Israeli military said Saturday. Hamas confirmed the death.
Izz al-Din al-Haddad was killed on Friday, Israel’s army said, describing him as one of the senior Hamas military commanders who directed the planning and execution of the Hamas-led attacks on Oct. 7, 2023, which killed around 1,200 people in southern Israel and saw more than 250 taken hostage.
A Hamas spokesperson, Hazem Qassem, confirmed the killing on social media.
The ceasefire between Israel and Hamas remains fragile, and the top diplomat overseeing it says it has stalledbecause of the deadlock over disarming Hamas. Both sides have traded accusations of violations. Gaza has seen near-daily Israeli fire with more than 850 people killed in the Palestinian territory since the ceasefire went into effect in October, according to Gaza’s Health Ministry.
The ministry is part of Gaza’s Hamas-run government, but staffed by medical professionals who maintain and publish detailed records viewed as generally reliable by the international community. The ministry overall says Israel’s retaliatory strikes in the war have devastated the Palestinian enclave and killed more than 72,700 people.
Israel said that al-Haddad had assumed the role of Hamas commander after his predecessor, Mohammed Sinwar, was killed. The army said that al-Haddad had surrounded himself with Israeli hostages during the war as a shield against an attack.
Al-Haddad’s family confirmed his death in Friday’s strike to The Associated Press. Six other people, including his wife and daughter, were also killed. His two sons were killed earlier in the war.
His body was wrapped in Hamas and Palestinian flags as it was carried by mourners at Saturday’s funeral in Gaza City.
Al-Haddad joined Hamas when it was established in the 1980s, and was a member of the Qassam Brigades’ Majd section tasked to go after collaborators with Israel. He was also a member of Hamas’ Military Council, the highest group of commanders that played a key role in the attacks that sparked the war.
Israel’s army chief of staff called his killing a significant operation, and said that Israel would continue pursuing its enemies to hold them accountable.
Palestinian man killed in West Bank
Violence flared Saturday in the occupied West Bankwhere Israeli troops shot and killed a 34-year-old Palestinian in the Jenin refugee camp, according to the Palestinian Health ministry.
Hassan Fayyad was fatally shot in a thigh, the Palestinian Red Crescent said. Israel’s military said that troops first fired warning shots at a person trying to infiltrate the camp and shot him when he didn’t comply. They provided him with medical treatment as he was transferred to a hospital, it said.
Israeli troops on Thursday shot and killed a 15-year-old boy in Eastern Lubban town in Nablus, according to the Palestinian Health Ministry. Israel’s military said that it identified three people hurling rocks toward Israeli vehicles and “endangering lives,” and troops fired at them, killing one.
On Friday, settlers set fire to a mosque and vehicles in the village of Jibiya, northwest of Ramallah, Palestinian religious authorities said. Security camera footage showed people pouring flammable material on the mosque and at least two vehicles, said Sabir Shalash, the head of Jibiya’s municipal council. Spray-painted Hebrew slogans were found on the mosque’s walls, he said.
The Ministry of Awqaf and Religious Affairs described the attack as “a cowardly terrorist act” and criticized the international community’s inaction over mounting Jewish settler attacks against Muslim and Christian sites in the occupied Palestinian territories.
The Israeli military and police said that they were deployed to the area and didn’t locate any suspects, but were investigating. The army said that it “strongly condemns” attacks on religious institutions.
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