Monday, January 12, 2026

Why Does Trump Wants Powell Gone? Follow the money to housing billionaire Bill Pulte!

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Why Does Trump Want Powell Gone? Follow the money to housing billionaire Bill Pulte!

Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation — CNBC Bill Pulte has weaponized his office to attack Trump’s political enemies. Pulte got his job in the administration about three years after his wife, Diana Pulte, donated $500,000 to a super-PAC backing Trump. — Mother Jones Bill Pulte: Agent of Chaos… the renewed attempt at undermining the Fed and its chair “highlights the grave governance questions in the US” — Financial Times GOP senator: DOJ ‘credibility’ is ‘in question’ over Powell investigation — The Hill Follow the money Explore this map Pump up the value of Pulte Homes The “corruption angle” regarding Bill Pulte’s public attacks on Fed Chair Jerome Powell centers on the intersection of populist rhetoric and personal financial gain. While Pulte frames his criticism as a defense of the “everyman” struggling with housing costs, critics argue his motives are rooted in a desire to pump the valuation of his family’s legacy company and his own private equity interests. “Self-Enrichment”. Pulte is using his massive social media platform to bully the Federal Reserve into cutting rates, which would directly benefit his net worth. Asset Inflation: As an heir and significant shareholder (though no longer an executive) of PulteGroup (PHM), his wealth is tied to the stock’s performance. Lower rates lead to higher home sales and higher stock prices. Private Equity Interests: Pulte is the CEO of Pulte Capital. High interest rates make “deals” more expensive and reduce the leverage private equity firms can use. By attacking Powell as “corrupt” for keeping rates high, critics say Pulte is attempting to manipulate the macro-economy to lower his own cost of doing business. Politico Trump weaponizes the Justice Department to reward billionaire donors

TakeAway: Impeach those weaponizing the Justice Department and Supreme Court for money and political power.

Deepak
DemLabs

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Federal Reserve Chair Jerome Powell revealed that the U.S. Justice Department has served the Fed with grand jury subpoenas and threatened a possible criminal indictment tied to his congressional testimony on the Fed’s headquarters renovation — a move Powell warns could undermine the Fed’s independence and credibility. The unprecedented legal pressure highlights a deepening conflict between Powell and the Trump administration over interest rate policy and political interference in central banking.