Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), has emerged as a prominent figure in President Donald Trump's administration, actively pursuing investigations into Democratic politicians over mortgage-related issues. Pulte has expressed a firm stance against mortgage fraud and has positioned himself as a key enforcer for Trump, signaling a shift in the agency's approach. Under Pulte's leadership, Fannie Mae and Freddie Mac are now valued at over $500 billion, with discussions ongoing about the timing of their potential initial public offerings (IPOs), a decision that rests entirely with President Trump. Critics have raised concerns that weaponizing the FHFA for political purposes may undermine confidence in American institutions and financial markets. Nonetheless, Pulte remains defiant against media and political pressures, emphasizing his commitment to enforcing mortgage regulations in line with the administration's priorities.