Bill Pulte, who runs the Federal Housing Finance Agency under President Donald Trump, confirmed Thursday that he filed a criminal referral against Federal Reserve Governor Lisa Cook for alleged mortgage fraud.

Philadelphia Fed researchers in a 2023 report assessed the number of “fraudulent investors” in the mortgage market, which they defined as those who had more than one owner-occupied home purchase loan within four quarters after the first one was originated.

The president’s second term has been marked by his eagerness to go after his foes and his assertions of presidential authority. Both traits are on display as he seeks control over the central bank.

The clip promotes Trump's "Great American Mortgage Corp." branding, linking it to Fannie Mae and Freddie Mac as in his earlier stock-offering post.

The Rupert Murdoch-owned Wall Street Journal has blasted Donald Trump for hounding Federal Reserve governor Lisa Cook during his dispute with the U.S. central bank. The WSJ editorial board hit out at the “ominous turn in political lawfare” Wednesday after Bill Pulte,

The president’s calls for Lisa Cook, a Fed governor, to resign are diverting attention from economic issues as top central bankers from around the world gather in Jackson, Wyo.

Bill Pulte — a private equity executive and social media philanthropist — has quickly become an outspoken fixture in the Trump administration’s efforts to overhaul the central bank and use a little-known agency to investigate perceived enemies.

Trump has yet to decide when Fannie Mae and Freddie Mac will return to the market in an IPO that regulator Bill Pulte says could top $1 trillion.