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What Next - The Man Behind Trump’s Firing of Lisa Cook

Slate News

Slate Podcasts

News Commentary, Politics, News

4.56K Ratings

🗓️ 26 August 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

Federal Housing Finance Agency director Bill Pulte has led investigations into Senator Adam Schiff, New York Attorney General Leititia James, and the Federal Reserve’s Lisa Cook for mortgage fraud. 

With a background a lot like Trump’s—and a little like Mr. Beast’s—who is Pulte? And what kind of damage could a vengeful FHFA director do?

Guest:  Rachel Siegel, reporter covering the economics of real estate and housing for the Washington Post.

Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.

Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

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0:05.5

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0:24.6

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0:30.1

This October, a remarkable true story comes to the big screen.

0:33.8

I have direct syndrome and it makes me tick.

0:36.1

In the film, critics are calling powerful and life affirming. The problem is that people don't know enough about Tourette's. I can sit here but I can help this lad. Laugh out loud funny and uplifting. That young man would not harm a fly and he makes a damn fine cup of tea. With a brilliant lead performance, it's unmissable. Starring Robert Arameo, Maxine P, Peter Mullen, and Shirley Henderson, I swear, in Cinemas

0:59.1

October 10.

1:06.5

Let's play a game. I'm going to ask you to name one of President Trump's most flashy attack dogs.

1:13.3

I'm guessing you're thinking about Laura Lumer, maybe Marjorie Taylor Green.

1:18.7

But what if I told you? There was someone else, just as important. And he is the leader of a little-known agency, one that was just created back in 2008, the

1:30.1

Federal Housing Finance Agency.

1:32.7

It's a relatively small agency.

1:35.3

It's not even part of the cabinet, but it has a lot of power in that it oversees the U.S.

1:41.1

mortgage market.

1:45.1

Rachel Siegel covers the economics of housing for the Washington Post.

1:49.6

So she's one of the few people who is familiar with the FHFA, as it's called.

1:55.3

How common is it for anyone other than you to know the name of the person heading up the federal housing finance agency.

2:02.2

Probably not very common, or at least not that they could fill in what FHFA stands for.

2:07.2

So who is the head of the federal housing finance agency?

...

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