Politico Pro: Warren questions Pulte on future of Fannie, Freddie

Sen. Elizabeth Warren (D-Mass.) has questions for Federal Housing Finance Agency Director nominee Bill Pulte.

Warren, the top Democrat on the Senate Banking Committee, on Monday sent Pulte a 23-page letter with 62 multi-part questions for him to review “and be prepared to answer” at his confirmation hearing before the panel on Thursday.

Pulte has been nominated to run the agency that regulates Fannie Mae and Freddie Mac, the government-controlled mortgage giants standing behind roughly half of the U.S. residential mortgage market. The Trump administration is widely expected to pursue the release Fannie and Freddie from more than 16 years of conservatorship.

“As FHFA Director, you would set policies that will determine the cost of homeownership and rent for American families,” Warren wrote. “But your record provides little insight into how you would carry out this critical role.”

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