WASHINGTON, Oct. 5 -- Sen. Lisa Blunt Rochester issued the following press release:
Banking Democrats call for public forum to question Pulte on documented abuses of power
U.S. SenatorsLisa Blunt Rochester (D-Del.),Catherine Cortez Masto (D-Nev.), andJack Reed (D-R.I.)joinedtheir Democratic colleagues on the Banking, Housing, and Urban Affairs Committee in a letter to Chair Tim Scott (R-S.C.) requesting a hearing with Federal Housing Finance Agency (FHFA) Director Bill Pulte. The Senators' request follows various reported abuses of power by Pulte, including lastweek's unprecedented move to cut the funding to the agency's Office of the Inspector General (FHFA-OIG) by 60 percent and risk future operations...