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The Dictatorship

How the administration’s ‘trumped-up’ mortgage fraud claims have backfired

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How the administration’s ‘trumped-up’ mortgage fraud claims have backfired

By Chris Hayes

This is an adapted excerpt from the Sept. 18 episode of “All In with Chris Hayes.”

On Thursday, the Trump administration asked the Supreme Court for permission to immediately fire the only Black woman serving on the Federal Reserve’s board of governors, Lisa Cook. It was the latest step in Donald Trump’s unprecedented attempt to gain control of the Fed and run the country’s monetary policy in violation of the entire structure of the independent central bank.

It does seem a little odd that three people Trump has it out for just all happened to commit the same infraction, doesn’t it?

Trump claims he can fire Cook for cause. The cause, he says, is alleged mortgage fraud. The White House claims that in 2021, Cook took out a mortgage on a condo in Atlanta, and she told the lender it would be her primary residence when she already had a primary home in Michigan.

If those allegations sound familiar, it is because Cook isn’t alone. The administration has raised similar allegations against Sen. Adam Schiff of California and New York Attorney General Letitia Jamesboth Democrats.

It does seem a little odd that three people Trump has it out for all just happened to commit the same infraction, doesn’t it?

So where are all these allegations of mortgage fraud coming from? From one man, it turns out. His name is Bill Pulte. He is the heir to a construction empire and a major Trump donor, who regularly blasts out pro-MAGA messages to his 3 million X followers.

Pulte was handpicked by Trump to run the Federal Housing Finance Authority. His job is basically to oversee U.S. mortgage markets, jump-start home sales and improve housing affordability. But he also has access to mortgage documents from millions of American homeowners — and it sure seems that he has been searching them for dirt the administration can use against its adversaries.

Pulte has referred Schiff and James to the Justice Department for prosecution, and in the case of Cook, he’s ginned up a pretext for her illegal firing.

This is so far beyond the pale — the political head of an agency seemingly digging through government files for dirt — that even the conservative editorial board of The Wall Street Journal has blasted Pulte’s work as government weaponization, writing it was “an ominous turn in political lawfare” and “nasty business.”

But Pulte’s accusations against Cook are not just government overreach. They are also bunk. Last week, NBC News reviewed financial documents that appear to contradict the Trump administration’s claims and show that Cook has consistently declared her Atlanta condo as a second home. The paperwork Pulte cited for his claims was likely an oversight that brought Cook no special benefits.

Senior law enforcement officials have also told NBC News that the mortgage fraud investigation into James is at a standstill “because federal agents and prosecutors don’t believe they have enough evidence to get a conviction if the case were to go to trial.”

Like Cook, James has said the allegations stem from one document that erroneously lists a second home as her primary residence, and, as with Cook, the rest of the loan documents accurately say the home would not be James’ primary residence.

Pulte’s accusations have turned out to be so overblown that it appears even Republicans are souring on him and his allegations. According to Politicoat a private dinner in Washington last week, Pulte got into a shouting match with Secretary of the Treasury Scott Bessent over rumors that Pulte was trashing Bessent to the president. Bessent reportedly told Pulte, “I’m gonna punch you in your f—ing face.” Neither Pulte nor Bessent commented on the incident when Blue Light News asked them about it.

On top of that, Bloomberg reported on Wednesday that mortgage documents show Bessent once made contradictory declarations on his mortgage declaration, just like Cook. Experts tell Bloomberg that, as with Cook’s mortgage, there’s no sign of wrongdoing on Bessent’s part, “Rather, his case demonstrates that an incongruity in home-loan filings isn’t necessarily proof of fraud.”

Lawyers for Bessent echoed that sentiment, telling Bloomberg, “There was absolutely nothing improper about Mr. Bessent’s loan applications with which he was minimally involved.”

You see, a real kind of fraud in this realm would be if you owned homes in two states and you falsely claimed both as your primary residence, and then you took a tax break for residents on both houses.

Pulte’s accusations have turned out to be so overblown that it appears even Republicans are souring on him and his allegations.

That does happen. In fact, Pulte’s parents reportedly did just that. According to records reviewed by Reuters“Mark and Julie Pulte, the father and stepmother of Bill Pulte … since 2020 have claimed so-called ‘homestead exemptions’ for residences in wealthy neighborhoods in both Michigan and Florida.”

When Reuters brought the issue to a Michigan tax official’s attention, he told them that “Revised tax bills will be issued to the Pultes, including all applicable penalty and interest.”

So Trump now wants the Supreme Court to fire the Fed board’s only Black woman for mortgage fraud that she does not appear to have committed, but that was alleged by a Trump appointee with access to everyone’s mortgage records — a Trump appointee who is using his time in public service to hunt for evidence of misdeeds by Trump’s political enemies, while his family reportedly benefits from the same dubious housing claims.

The entire affair is exactly as preposterously trumped up as you thought it was.

Chris Hayes

Chris Hayes hosts “All In with Chris Hayes”at 8 p.m. ET Tuesday through Friday on BLN. He is the editor-at-large at The Nation. A former fellow at Harvard University’s Edmond J. Safra Foundation Center for Ethics, Hayes was a Bernard Schwartz Fellow at the New America Foundation. His latest book is “The Sirens’ Call: How Attention Became the World’s Most Endangered Resource” (Penguin Press).

Allison Detzel

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The Dictatorship

Trump pushes Pam Bondi to pursue cases against his foes

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Trump pushes Pam Bondi to pursue cases against his foes

Eight months into his second term, President Donald Trump’s long-standing pledge to take on those he perceives as his political enemies has prompted debates over free speech, media censorship and political prosecutions.

From late-night comedian Jimmy Kimmel’s suspension to Pentagon restrictions on reporters and an apparent public appeal to Attorney General Pam Bondi to pursue legal cases against his adversaries, Trump has escalated moves to consolidate power in his second administration and root out those who have spoken out against him.

In a post on social media this weekend addressed to Bondi, Trump said “nothing is being done” on investigations into some of his foes.

“We can’t delay any longer, it’s killing our reputation and credibility,” he said. Noting that he was impeached and criminally charged, “JUSTICE MUST BE SERVED, NOW!!!”

Criticizing investigations into Trump’s dealings under Democratic President Joe Biden’s Justice Department, Sen. Rand Paul, R-Ky., said Sunday that “it is not right for the Trump administration to do the same thing.”

Directive to Bondi to investigate political opponents

Trump has ratcheted up his discussion of pursuing legal cases against some of his political opponents, part of a vow for retribution that has been a theme of his return to the White House. He publicly pressed Bondi this weekend to move forward with such investigations.

Trump posted somewhat of an open letter on social media Saturday to his top prosecutor to advance such inquiries, including a mortgage fraud probe into New York Attorney General Letitia James and a possible threat case against former FBI Director James Comey.

He posted that he had “reviewed over 30 statements and posts” that he characterized as criticizing his administration for a lack of action on investigations.

“We have to act fast — one way or the other,” Trump told reporters later that night at the White House. “They’re guilty, they’re not guilty — we have to act fast. If they’re not guilty, that’s fine. If they are guilty or if they should be charged, they should be charged. And we have to do it now.”

Trump later wrote in a follow-up post that Bondi was “doing a GREAT job.”

Paul, a frequent Trump foil from the right, was asked during an interview on NBC’s “Meet the Press” about the propriety of a president directing his attorney general to investigate political opponents. The senator decried “lawfare in all forms.”

Sen. Chris Murphy, D-Conn., said it was “unconstitutional and deeply immoral for the president to jail or to silence his political enemies.” He warned it could set a worrisome precedent for both parties.

“It will come back and boomerang on conservatives and Republicans at some point if this becomes the norm,” Murphy told ABC’s “This Week.”

The Senate’s Democratic leader, Chuck Schumer of New York, said on BLN’s “State of the Union” that Trump is turning the Justice Department “into an instrument that goes after his enemies, whether they’re guilty or not, and most of them are not guilty at all, and that helps his friends. This is the path to a dictatorship. That’s what dictatorships do.”

The Justice Department did not respond Sunday to a message seeking comment.

Appointment of new prosecutor in Letitia James investigation

Each new president nominates his own U.S. attorneys in jurisdictions across the country. And Trump has already worked to install people close to him in some of those jobs, including former Fox News host Jeanine Pirro in the District of Columbia and Alin Habbahis former attorney, in New Jersey.

Trump has largely stocked his second administration with loyalists, continuing Saturday with the nomination of a White House aide as top federal prosecutor for the office investigating James, a longtime foe of Trump.

Trump announced Lindsey Halligan to be the U.S. attorney in the Eastern District of Virginia on Saturday, just a day after Erik Siebert resigned from the post and Trump said he wanted him “out.”

Trump said he was bothered that Siebert had been supported by the state’s two Democratic senators.

“There are just two standards of justice now in this country. If you are a friend of the president, a loyalist of the president, you can get away with nearly anything, including beating the hell out of police officers,” Murphy said, mentioning the defendants in the Jan. 6, 2021, riot at the U.S. Capitol pardoned by Trump as he returned to office. “But if you are an opponent of the president, you may find yourself in jail.”

New restrictions on Pentagon reporters

Trump has styled himself as an opponent of censorship, pledging in his January inaugural address to “bring free speech back to America” and signing an executive order that no federal officer, employee or agent may unconstitutionally abridge the free speech of any American citizen.

Under a 17-page memo distributed Friday, the Pentagon stepped up restrictions on the mediasaying it will require credentialed journalists to sign a pledge to refrain from reporting information that has not been authorized for release, including unclassified information. Journalists who don’t abide by the policy risk losing credentials that provide access to the Pentagon.

Asked Sunday if the Pentagon should play a role in determining what journalists can report, Trump said, “No, I don’t think so.”

“Nothing stops reporters. You know that,” Trump told reporters as he left the White House for Charlie Kirk’s memorial service.

Trump has sued numerous media organizations for negative coverage, with several settling with the president for millions of dollars. A federal judge in Florida tossed out Trump’s $15 billion defamation lawsuit against The New York Times on Friday.

Jimmy Kimmel ouster and FCC warning

Perhaps the most headline-grabbing situation involves ABC’s indefinite suspension Wednesday of veteran comic Jimmy Kimmel’s late-night show. What he said about Kirk’s killing had led a group of ABC-affiliated stations to say it would not air the show and provoked some ominous comments from a top federal regulator.

Host Jimmy Kimmel speaks at the Oscars in Los Angeles on Feb. 26, 2017. (Photo by Chris Pizzello/Invision/AP, File)

Host Jimmy Kimmel speaks at the Oscars in Los Angeles on Feb. 26, 2017. (Photo by Chris Pizzello/Invision/AP, File)

Trump celebrated on his social media site: “Congratulations to ABC for finally having the courage to do what had to be done.”

Earlier in the day, the Federal Communications Commission chairman, Brendan Carrwho has launched investigations of outlets that have angered Trump, said Kimmel’s comments were “truly sick” and that his agency has a strong case for holding Kimmel, ABC and network parent Walt Disney Co. accountable for spreading misinformation.

“We can do this the easy way or the hard way,” Carr said. “These companies can find ways to take action on Kimmel or there is going to be additional work for the FCC ahead.”

Sen. Markwayne MullinR-Okla., argued that Kimmel’s ouster wasn’t a chilling of free speech but a corporate decision.

“I really don’t believe ABC would have decided to fire Jimmy Kimmel over a threat,” he said Sunday on BLN. “ABC has been a longstanding critic of President Trump. They did it because they felt like it didn’t meet their brand anymore.”

Not all Republicans have applauded the move. On his podcast Friday, GOP Sen. Ted Cruz of Texas called it “unbelievably dangerous for government to put itself in the position of saying we’re going to decide what speech we like and what we don’t, and we’re going to threaten to take you off air if we don’t like what you’re saying.”

Trump called Carr “a great American patriot” and said Friday that he disagreed with Cruz.

___

Kinnard can be reached at http://x.com/MegKinnardAP.

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The Dictatorship

Hegseth imposes new press restrictions, eyes greater Pentagon control over access

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Hegseth imposes new press restrictions, eyes greater Pentagon control over access

During a recent “expletive-laden address” at the Army War College, Defense Secretary Pete Hegseth boasted, “We are laser-focused on our mission of warfighting.” The former Fox News host did not, however, note that he was apparently referring to a domestic culture war.

During his tenure, the beleaguered Pentagon chief has invested a considerable amount of time and energy in library books. And paintings. And scrubbing Defense Department websites of articles and images about Jackie Robinson and the Navajo Code Talkers. And renaming Navy ships. And leading a Christian prayer service in the Pentagon’s auditorium. And amplifying videos about denying women the right to vote. And creating new grooming standards.

But in case that weren’t quite enough, Hegseth has also carved out time to push back against the industry he ostensibly worked in before joining the Trump administration: the news media.

As The Associated Press reported“The Pentagon this year has evicted many news organizations while imposing a series of restrictions on the press that include banning reporters from entering wide swaths of the Pentagon without a government escort — areas where the press had access in past administrations as it covers the activities of the world’s most powerful military.”

Late last week, these efforts took a dramatic turn for the worse. NBC News reported:

Journalists who cover the Defense Department at the Pentagon can no longer gather or report information, even if it is unclassified, unless it’s been authorized for release by the government, defense officials announced Friday. Reporters who don’t sign a statement agreeing to the new rules will have their press credentials revoked, officials said.

I’m mindful of the fact that Donald Trump and his team have launched a radical offensive against the First Amendment and its protections for the free press, but that doesn’t make the developments at the Pentagon any less ridiculous.

Sen. Jack Reed, D-R.I., a military veteran and ranking member on the Senate Armed Services Committee, called the restrictions “an ill-advised affront to free speech and freedom of the press.”

“Secretary Hegseth’s restrictions on the press are part of a broader attempt by this Administration to cover up missteps, stifle independent journalism, and obscure the truth,” Reed said. “American journalists are not, should not, and must not be mere stenographers for the party in power or the Pentagon itself.”

The senator’s use of the word “stenographers” was especially notable because it summarized the underlying problem nicely: Hegseth’s policyfor all intents and purposes, requires professional journalists to publish only what the Defense Department has approved for public release.

That might very well make the secretary happy and improve his job security — Hegseth has been humiliated in recent months from revelations that emerged from sources within the Pentagon — but this isn’t how things are supposed to work in the United States.

Even some Republicans acknowledged the absurdity of the demand.

Rep. Don Bacon of Nebraska, whose looming retirement seems to have made it easier for the congressman to speak candidly, wrote online“This is so dumb that I have a hard time believing it is true. We don’t want a bunch of Pravda newspapers only touting the Government’s official position. A free press makes our country better. This sounds like more amateur hour.”

Whether the pushback prompts a change in direction remains to be seen. Watch this space.

Steve legs

Steve Benen is a producer for “The Rachel Maddow Show,” the editor of MaddowBlog and an BLN political contributor. He’s also the bestselling author of “Ministry of Truth: Democracy, Reality, and the Republicans’ War on the Recent Past.”

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The Dictatorship

Why Trump’s directive to AG Bondi should be seen as an impeachment-level scandal

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Why Trump’s directive to AG Bondi should be seen as an impeachment-level scandal

Imagine a scenario in which an investigative reporter uncovered a secret document from the White House. The document, in this hypothetical, showed Donald Trump quietly directing his attorney general to manufacture criminal cases against his political foes, without regard for evidence or propriety, as part of a brazenly corrupt and overtly authoritarian scheme.

In this scenario, the investigative reporter who obtained this secret document would, in a normal and healthy democracy, have a scoop for the ages. The public exposure of such a document would instantly become the kind of story that would rock the political system, spark heated congressional hearings and generate questions about possible resignations.

But in 2025, there’s apparently no need for an investigative reporter to uncover a clandestine plot — because the president published his scheme online for all the world to see. The New York Times reported:

President Trump demanded on Saturday that his attorney general move quickly to prosecute figures he considers his enemies, the latest blow to the Justice Department’s tradition of independence. ‘We can’t delay any longer, it’s killing our reputation and credibility,’ Mr. Trump wrote in a social media post addressed to ‘Pam,’ meaning Attorney General Pam Bondi.

The online missive was head-spinning in its absurdity. Trump began his message, “I have reviewed over 30 statements and posts saying that, essentially, ‘same old story as last time, all talk, no action. Nothing is being done. What about Comey, Adam ‘Shifty’ Schiff, Leticia??? They’re all guilty as hell, but nothing is going to be done.’”

In other words, to hear the president tell it, he saw some “posts” from unnamed people who want some of Trump’s political adversaries to be punished, because they’re “guilty” of unidentified crimes, and these “posts” should necessarily spur action from the Justice Department, because the president said so.

Concluding that “they” impeached him and tried to hold him accountable for a variety of alleged felonies, the Republican concluded that he’s desperate to turn the tables on his enemies. “JUSTICE MUST BE SERVED, NOW!!!” he wrote.

In case that was too subtle, Trump spoke briefly with reporters soon after, one of whom asked whether he was criticizing Bondi for not having already gone after his domestic adversaries. “No, I just want people to act,” the president replied. “They have to act, and we want to act fast. … We have to act fast.”

The Times’ report added, “Even for a president who has shattered the traditional norms of maintaining distance from the Justice Department, Mr. Trump’s unabashedly public and explicit orders to Ms. Bondi were an extraordinary breach of prosecutorial protocols that reach back to the days following the Watergate scandal.”

The Watergate reference is notable in large part because it helps contextualize the gravity of the circumstances: Trump isn’t just being accused of trying to weaponize federal law enforcement, he’s publicly flaunting his efforts.

His online directive was, for all intents and purposes, a confession in which he freely acknowledged his guilt. “Yes, I admit that I’m pressuring my attorney general to prosecute my political foes,” the president effectively declared. “And I’d prefer it if she hurried up and satisfied my hunger for revenge sooner rather than later.”

There’s no precedent in the American tradition for such explicit corruption of the rule of law. It is the stuff of impeachment resolutions. It is a brazen display of a desperate man who believes he’s both above the law and freed from the burdens of accountability.

Steve legs

Steve Benen is a producer for “The Rachel Maddow Show,” the editor of MaddowBlog and an BLN political contributor. He’s also the bestselling author of “Ministry of Truth: Democracy, Reality, and the Republicans’ War on the Recent Past.”

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