And another, we will be forced to cease supporting ongoing criminal investigations as soon as feasible after consultation with the Department of Justice and the more than 30 U.S. attorney Attorney's Offices in which we have ongoing investigations. These cuts will mean more fraud in the mortgage market, more cheating of families, higher costs for people trying to buy a home. And why? Why? So that Bill Pulte can dismantle a watchdog that would hold him accountable for his misconduct, weaponizing the FHFA to persecute President Trump's perceived political enemies. (12:18–12:29)
STATEMENT
Asserts that cuts to the FHFA will lead to increased fraud and higher costs in the mortgage market.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.