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Corroborated 2+ independent news desks
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Nov 14, 2025 Bill Pulte (FHFA Director) disclosed confidential Fannie Mae mortgage pricing data to competitor Freddie Mac Tier 1 · Primary Economic Structure
A top housing regulator's alleged disclosure of confidential competitive data between government-backed lenders raises collusion concerns, and officials who questioned it were removed.
Primary sourceA record that carries the claim alone
Independently corroborated by3 independent news desks
Supporting reportingSurfacings — do not carry alone
Supporting reports
- Fannie Mae confidant of Bill Pulte disclosed confidential mortgage pricing data to competitor — A confidant of Bill Pulte, Trump's top housing regulator, provided confidential mortgage pricing data from Fannie Mae to Freddie Mac, a principal competitor, alarming senior Fannie Mae officials who warned it could expose the company to claims of collusion to fix mortgage rates. Lauren Smith, Fannie Mae's head of marketing, acted on Pulte's behalf in disclosing the data. Senior Fannie Mae officials who questioned the conduct were forced out of their jobs late last month, along with internal ethics watchdogs investigating Pulte and his allies.
Verified: Tier 1 primary record
Week 43 – 2025-11-08–2025-11-14
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Nov 9, 2025 Trump fired the Bureau of Labor Statistics director after disliked inflation data, leading to a sharp rise in estimated (non-measured) CPI figures Corroborated Economic Structure
Removal of the top labor statistics official was followed by a quadrupling of estimated inflation data points, degrading the reliability of official economic statistics used by the public.
Supporting reportingSurfacings — do not carry alone
Supporting reports
- Trump fires BLS director; inflation data quality declines — Trump fired the Bureau of Labor Statistics director after the agency reported inflation numbers the president disliked. Subsequently, the quality of CPI inflation data has declined significantly. In September, 40% of CPI items were estimated, up from 36% in August and a historical average of 10%. When price data is unavailable, the BLS fills gaps with estimated values from other categories or regions. The percentage of estimated data has quadrupled over seven months, making CPI numbers less accurate and less reflective of real consumer costs.
- Trump’s Economic Advisor Admits Data Reliability Issues — Trump’s top economic advisor publicly stated that the administration may never produce reliable inflation or employment data again due to the hollowing out of the Bureau of Labor Statistics. This admission highlights the administration's failure to conduct critical surveys and suggests an attempt to fabricate economic data.
Verified: Corroborated — 2+ independent news desks
Week 43 – 2025-11-08–2025-11-14
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