The criticism follows a press release issued by the FHFA today stating that the budget for its internal watchdog would be "right-sized." The Office of Inspector General operates as the independent entity responsible for oversight within the housing regulator's operations.
Tuesday, October 20, 2026
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Congressional Democrats Blast FHFA's Bill Pulte for Shutting Down Watchdog
US Politics20 days ago
A coalition of high-ranking legislators of both chambers of Congress accused the federal housing regulator of eliminating its auditing body on Oct. 1. In a joint statement, senior Democrats including Senator Chuck Schumer, Senator Elizabeth Warren, and Representative Hakeem Jeffries condemned FHFA Director Bill Pulte for "shutting down" the Office of Inspector General, claiming the move removes necessary accountability from the agency.
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