Politics
Fannie Mae Regulator Puts 35 Workers on Leave
The newly appointed head of one of the nation’s top housing regulators is moving quickly to reshape not only the agency but also Fannie Mae and Freddie Mac, the two government-controlled mortgage finance giants he oversees.
The Federal Housing Finance Agency, now under the direction of William Pulte, placed 35 unionized employees on administrative leave over the past two days, according to an email sent to members on Wednesday evening by the National Treasury Employees Union. The email, which was reviewed by The New York Times, said there had been no advance notice for the employees, who work in consumer protection, equal opportunity and research units.
In a statement, the housing regulator said, “We are streamlining our Agency and its naming conventions, but F.H.F.A. will continue to follow all mandated laws.”
The regulator appears to be among the many federal agencies that are taking steps to comply with the Trump administration’s aim to cut costs by reducing the size of the government work force. The pace and scale of the cutbacks have sparked protests from employees and legislators.
Gray Kimbrough, an F.H.F.A. economist who was not among the affected employees, said in a social media post on Wednesday that those placed on leave had been rushed out of the building and given no time to pack up their personal items.
The National Treasury Employees Union represents about 500 of the more than 600 employees at the housing regulator, which oversees Fannie Mae and Freddie Mac, the mortgage finance firms that have been under the control of the federal government since the 2008 financial crisis.
Fannie and Freddie do not write mortgages but they are critical players in the nation’s $12 trillion mortgage market. The firms buy mortgages from banks and package them into bonds that are sold to institutional investors and insured against a default of the underlying loans. This helps keep the mortgage market running by freeing up capital for banks to write more home loans.
On Monday, Mr. Pulte ousted 14 board members at Fannie Mae and Freddie Mac, and named himself chairman of the boards at both companies, which together employ roughly 15,000 nonunion workers. He sent an email on Wednesday to Freddie employees notifying them that they would be expected to work in the office five days a week beginning May 1. Employees at Fannie received an email on Thursday informing them they would soon be notified about a new return-to-office policy. Copies of both emails were reviewed by The Times.
Mr. Pulte, an heir of the founder of PulteGroup, one of the largest American home builders, began his new job with a promise to work to make home-buying more affordable. Mr. Pulte said he would “ensure that the dream of homeownership becomes a reality for as many Americans as possible,” in a news release announcing his swearing-in as director of the housing regulator.
Politics
Commentary: California can have both easy voting and quicker election results. Here’s how.
SACRAMENTO — Every two years, elite athletes compete in the Olympics, biennial plants — like carrots and onions — produce seeds and people across America look on with consternation and mounting impatience as California counts its election ballots.
The prolonged tally has become as much a part of electioneering in the Golden State as wall-to-wall advertising, high-flown promises and overstuffed mailboxes groaning beneath the weight of endless campaign fliers.
The tabulation — which can last weeks past election day — is the product, in large part, of a commendable objective: Encouraging as many people as possible to vote.
California, which mails a ballot to every eligible voter, ranks near the top of states in the ease of its elections. That’s something to be celebrated. Voting is a way to help steer the direction of our state and nation and invest, as an active participant, in its future.
Yay, participatory democracy!
Unfortunately, the lag time between election day and the final results has led to all sorts of wild, unfounded claims, peddled mainly by Republicans seeking to curry favor with the sore-losing President Trump by parroting his conspiratorial gabbling.
“They hold the elections open for weeks after election day,” House Speaker Mike Johnson said recently, falsely suggesting that chicanery cost the GOP three House seats in California in 2024. “It looks on its face to be fraudulent.”
That’s a lot of, um, hooey.
There is no rampant cheating or election fraud in California. Period. Full stop.
Still, those sorts of phony statements have deeply diminished faith in our elections and our increasingly rickety democracy.
So — what if it were possible to preserve California’s friendly voting system while, at the same time, speeding up the tabulation of its many millions of ballots?
Kim Alexander believes it’s possible to do both.
“We need to stop explaining why it’s taking so long and start figuring out how to [produce election results] in a more satisfying way,” she said. “There are a lot of things that we could do better and do differently. It just takes some creative thinking and some will.”
Simply put, “The longer it takes to count ballots, the more voter confidence erodes.”
Alexander, head of the nonpartisan California Voter Foundation, has spent more than three decades working to make the state’s elections more efficient, more transparent and more accountable.
Her interest in politics and election mechanics came about while growing up in Culver City, where her father served as a councilman and mayor.
As a 7-year-old, stationed in the garage, it was Alexander’s job to track the returns in her dad’s first campaign, toting up the numbers at an election night party while her mom, posted in the kitchen, called the city clerk for updates. Even at that young age, Alexander learned the importance of a fair and efficient tabulation process.
Over the years, she watched as her father’s political career was stymied by a Democratic gerrymander, which blocked any hopes he had of being elected to Congress or the Legislature as a moderate Republican. She saw firsthand the influence of money in politics. (Her father told her of turning away donations that came with strings attached.) That helped turn her into a political reformer.
After working as a legislative staffer and serving a stint at Common Cause, the good-government lobbying group, Alexander took over the California Voter Foundation in 1994.
As a political noncombatant, Alexander won’t say how it feels, and whether these days she’s more or less optimistic, watching as reckless attacks on our elections come from inside the White House. “I like to describe myself as a realist with high goals,” is all she’d allow.
There are good reasons why it takes California so long to count its ballots.
First off, there are a lot of them; more than 16 million residents voted in the last presidential election, more than the population of all but 10 states. Voting by mail has exploded in popularity and it takes longer to count those ballots, as many don’t arrive until after election day. Also, there are a number of safeguards to prevent fraud and ensure an accurate count. “We’re checking all the signatures,” Alexander said. “We’re making sure nobody votes twice.”
Simply explaining those facts can help build trust, she said. However, that won’t speed up the state’s vote counting. Here, Alexander suggested, are some things that can:
— Increase funding for California’s 58 counties to expand equipment, staff and the space needed to process ballots. In recent years, the state has been asking local election officials to do more and more without reimbursing their costs.
— Educate voters and encourage them to turn their ballots in earlier. Along those lines, a system called “sign, scan and go” allows voters to return their mail ballots in person at a designated polling place. A pilot program in Placer County found that that shaved three to four days off processing time. The system could be implemented statewide.
— Better manage California’s voter database, doing so from the top down in Sacramento, rather than having counties oversee their data and feed it into the system. That bottom-up approach creates delays and a lag time in processing ballots.
— Create “ballot swap” days to speed delivery of out-of-county ballots where they belong, also saving time. (Under California law, voters can return their ballot anywhere in the state, but it must be routed to their home county to be tabulated. That process can now take more than a week.)
The problem, apart from perennial budget pressures, is that interest in election mechanics — a technical and arcane subject if ever there was one — is episodic and fleeting. It’s like worrying about a leaky roof when the temperature is 95 degrees outside and the sun is blazing.
But even without voters clamoring to address California’s slow-poke vote count, lawmakers should act.
Gov. Gavin Newsom recently rose to defend the state’s “safe and secure elections” against one of Trump’s many unwarranted attacks. If he wants to burnish his credentials for a 2028 presidential run — which Newsom very much does — one way would be to speed up delivery of its election results.
That way the rest of the country won’t be asking again in November: What the heck’s with California?
Politics
Trump gives Iran 48-hour ultimatum to reopen Strait of Hormuz or face strikes on power plants
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President Donald Trump issued a 48-hour ultimatum to Iran on Saturday, warning the U.S. would strike its power plants if the Strait of Hormuz is not reopened.
“If Iran doesn’t FULLY OPEN, WITHOUT THREAT, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various POWER PLANTS, STARTING WITH THE BIGGEST ONE FIRST!” Trump said in a post on Truth Social.
The president’s threat represents a notable escalation in rhetoric as tensions surge over the strategically vital waterway.
Traffic through the Strait of Hormuz, a global choke point for oil and gas transport that supplies roughly one-fifth of the world’s crude oil, has been largely limited since early March, shortly after the war with Iran began.
US SIGNALS READINESS TO ESCORT TANKERS THROUGH HORMUZ AS TRAFFIC THINS BUT NO MISSION LAUNCHED
President Donald Trump warned on Saturday that the U.S. could strike Iranian power plants if the Strait of Hormuz is not reopened. (Getty Images)
Trump’s post comes after he told reporters Friday that reopening the strait was a “simple military maneuver.”
“It’s relatively safe, but you need a lot of help in the sense of you need ships, you need volume,” he said.
The president added that NATO hasn’t had the “courage” to assist the U.S. with reopening the waterway.
TRUMP SAYS US ‘OBLITERATED’ TARGETS IN STRIKE ON KEY IRANIAN OIL HUB
The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman. (Benoit Tessier / Reuters)
“NATO could help us, but they so far haven’t had the courage to do so, and others could help us,” Trump said. “But, you know, we don’t use it. You know, at a certain point, it’ll reopen itself.”
Earlier Friday, Trump ripped NATO on Truth Social as “cowards,” saying they “complain about the high oil prices they are forced to pay, but don’t want to help open the Strait of Hormuz.”
A growing group of countries has signed onto a joint statement signaling their “readiness to contribute to appropriate efforts to ensure safe passage” through the strait.
The joint statement said, “We express our readiness to contribute to appropriate efforts to ensure safe passage through the Strait,” and, “We welcome the commitment of nations who are engaging in preparatory planning.”
The statement was attributed to leaders from more than 20 countries, including the United Kingdom, France, Germany, Italy, Japan, Canada and the United Arab Emirates.
“We condemn in the strongest terms recent attacks by Iran on unarmed commercial vessels in the Gulf, attacks on civilian infrastructure including oil and gas installations, and the de facto closure of the Strait of Hormuz by Iranian forces,” the statement reads.
NATO HEAVYWEIGHTS BALK AT HORMUZ MISSION AS TRUMP WARNS ALLIANCE AT RISK
A satellite image shows the Strait of Hormuz, a key maritime passage connecting the Persian Gulf to the Gulf of Oman, vital for global energy supply. (Amanda Macias/Fox News Digital)
“We express our deep concern about the escalating conflict. We call on Iran to cease immediately its threats, laying of mines, drone and missile attacks and other attempts to block the Strait to commercial shipping, and to comply with UN Security Council Resolution 2817,” the statement continued.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Earlier this week, U.S. forces struck Iran’s anti-ship missile sites near the Strait of Hormuz with 5,000-pound bunker-buster bombs, according to U.S. Central Command (CENTCOM).
Fox News Digital’s Greg Norman-Diamond contributed to this report.
Politics
More than half a million ballots seized by top GOP candidate in California governor’s race
Riverside County Sheriff Chad Bianco, who is a leading Republican candidate for governor, has seized more than 650,000 ballots from last November’s election and is investigating whether they were fraudulently counted.
“This investigation is simple: Physically count the ballots and compare that result with the total votes recorded,” Bianco said at a news conference Friday.
The unusual probe drew a sharp rebuke from California Atty. Gen. Rob Bonta, who said in a statement Friday that it is “unprecedented in both scope and scale” and appears “not to be based on facts or evidence.”
“There is no indication, anywhere in the United States, of widespread voter fraud,” Bonta said. “Counts, recounts, hand counts, audits, and court cases all support this.”
According to Bonta’s office, Bianco’s department on Feb. 26 seized about 1,000 boxes of ballot materials in Riverside County related to the November election for Proposition 50, which temporarily redrew the state’s congressional districts to favor Democrats in response to partisan redistricting in Republican states, including Texas.
The sheriff said his investigators are looking into allegations by a local citizens group that “did their own audit” and found that the county’s tally was falsely inflated by more than 45,000 votes — a claim that local election officials have rejected.
The investigation comes as President Trump — who remains fixated on his 2020 election loss — continues to amplify election conspiracy theories and has repeatedly called for the federal government to “nationalize” state-run elections to counter what he says is widespread fraud.
Bonta and California Secretary of State Shirley Weber, both Democrats, have vowed to fight federal interference that could affect voting in California, including efforts to seize election records, as the FBI recently did in Georgia.
Bianco is an outspoken Trump supporter who said in an endorsement video in 2024 that, after 30 years of putting criminals in jail, he figured it was “time to put a felon in the White House — Trump 2024, baby” — referencing Trump’s conviction by a New York jury for falsifying business records while paying hush money to a porn actor.
Bianco’s investigation, which includes all the ballots cast in Riverside County in November, raises questions about how he would handle the election denialism movement if elected governor.
A poll released last week by UC Berkeley’s Institute of Governmental Studies and co-sponsored by The Times showed Bianco and conservative commentator Steve Hilton leading the crowded field of gubernatorial candidates by slim margins, in a left-leaning state.
Last fall, Proposition 50 passed in Riverside County with 56% of the vote — a margin of more than 82,000 ballots.
A citizens group called the Riverside Election Integrity Team has said it performed an audit finding that 45,896 more ballots were counted than were cast.
In a lengthy February presentation to the Riverside County Board of Supervisors, Registrar of Voters Art Tinoco disputed that figure, saying it was based on a misunderstanding of raw data that had not been fully processed.
The actual discrepancy, Tinoco said, was 103 votes, a variance of 0.016% that was far below what he said was the state’s preferred 2% margin of error for certifying results.
Bianco on Friday said that there “is no acceptable error, small or large, in our elections.”
The sheriff did not name the Riverside Election Integrity Team, but his description of the allegations brought to him by “a group of citizen volunteers” matched theirs.
Bianco said the investigation was “not a recount” for the Proposition 50 contest and was “just as much to prove the election is accurate as it is to show otherwise — we will not know until the count is complete.”
Bonta said his office has “attempted to work cooperatively” with the Sheriff’s Department to understand the basis for the probe. The sheriff, Bonta said, “has delayed, stonewalled, and otherwise refused to work with us in good faith” and failed to provide most of the requested documents.
“We’re concerned that there is not sufficient justification for seizing every ballot that was cast in this very largely populated county,” an official in Bonta’s office said in an interview Friday night.
In a March 4 letter to Bianco, the attorney general cited Bianco’s plan to use Sheriff’s Department staffers, “who are not trained and have no experience,” to count the ballots.
“Let me be clear: this is unacceptable,” Bonta wrote. “Your decision to seize ballots and begin counting them based on vague, unsubstantiated allegations about irregularities in the November special election results sets a dangerous precedent and will only sow distrust in our elections. You are also flagrantly violating my directives.”
At his news conference Friday, Bianco fired back by calling Bonta “an embarrassment to law enforcement.”
A Riverside County Superior Court judge, Bianco said, has ordered the appointment of a special master to oversee the ballot count.
In a statement Friday, Secretary of State Weber said “the Sheriff’s assertion that his deputies know how to count is admirable. The fact remains that he and his deputies are not elections officials and they do not have expertise in election administration.”
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