The Trump administration dismissed roughly a dozen senior ethics and internal investigations officials from Fannie Mae on October 30, in a virtual meeting overseen by Federal Housing Finance Agency Director Bill Pulte, who also chairs Fannie Mae’s board. The cuts formed part of a broader reduction affecting approximately 62 employees across departments including diversity, equity and inclusion, information technology, and operations reporting to the chief operating officer. The timing drew attention because investigations are examining whether senior FHFA officials improperly accessed confidential mortgage records belonging to high-profile Democrats, including New York Attorney General Letitia James. Earlier in 2025, Pulte’s FHFA terminated more than 100 Fannie Mae employees over what the agency described as unethical conduct related to charitable programs. Pulte’s dual role gives him unusual control over Fannie Mae, which, along with Freddie Mac, has remained under government conservatorship for more than 17 years after requiring a combined taxpayer bailout during the 2008 financial crisis.