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Fannie Mae Regulator Puts 35 Workers on Leave

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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.

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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.

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In California, Confusion Abounds Over Status of 2 National Monuments

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In California, Confusion Abounds Over Status of 2 National Monuments

A week after the White House indicated it would eliminate two national monuments in California, many remain unsure whether President Trump has actually revoked the lands’ protected status.

Mr. Trump announced last Friday that he would rescind a proclamation signed by former President Joseph R. Biden Jr. a week before he left office that established the Chuckwalla and Sáttítla national monuments, which encompassed more than 848,000 acres of desert and mountainous land.

The White House then released a fact sheet that included a bullet point stating that Mr. Trump would be “terminating proclamations” declaring monuments that safeguarded “vast amounts of land from economic development and energy production.”

The New York Times confirmed last Saturday that Mr. Trump had indeed rescinded that proclamation. But later that day, the bullet point listing termination of national monuments disappeared from the White House fact sheet.

A post on X sent by a verified White House account last week still included the terminations of national monuments, and has not been edited or removed as of Saturday morning.

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The White House declined to answer questions about the discrepancy.

“We were obviously very disappointed to see that fact sheet go up and then confused to see it come back down,” Mark Green, the executive director of CalWild, a nonprofit in California that advocates for wild spaces on public lands. “There’s very little clarity about what’s going on, and there’s such a lack of transparency with this administration that it’s just really hard to know what’s happening.”

Representative Raul Ruiz, Democrat of California, said his office was working to understand what was happening. He helped push for the creation of the Chuckwalla National Monument within his district.

“One thing is for sure,” Dr. Ruiz said. “If the designation is rescinded, we’re going to fight like hell to defend it.”

Mr. Biden designated the Chuckwalla and Sáttítla national monuments in January to protect wildlife habitats and ancestral lands, and to help prevent mining, drilling and energy development.

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The Chuckwalla National Monument encompasses about 644,000 acres south of Joshua Tree National Park, and the Sáttítla National Monument north of Mount Shasta, near the Oregon border, is roughly 200,000 acres. The land includes mountain ranges, canyons, desert landscapes, and more than 50 rare species of plants and animals.

State lawmakers, conservationists, renewable energy companies and Native tribes had jointly advocated for the protection of the land.

Mr. Biden protected about 674 million acres of federal land, more than any other president. He was able to do so by using the Antiquities Act, a 1906 law that gives presidents unilateral power to protect lands and waters for the benefit of Americans.

But Mr. Trump said he would undo much of Mr. Biden’s environmental work when he was sworn into office — withdrawing from the Paris Agreement and ending climate regulations, to start — and in early January he said that he wouldn’t tolerate the withdrawal of waters from oil and gas drilling.

“I will reverse it immediately,” Mr. Trump said. “It will be done immediately and we will drill, baby, drill.”

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The question is whether Mr. Trump has the authority to reverse the creation of a national monument that was created by a previous president.

During his first term, Mr. Trump shrunk the size of two national monuments — Bears Ears and Grand Staircase-Escalante in Utah — by some two million acres. A lawsuit was filed arguing the Antiquities Act did not grant a president the power to reduce a national park, but the case was moot after Biden re-established and slightly expanded the national monuments.

Mr. Green is confident that rescinding Mr. Biden’s proclamations could place Mr. Trump in court.

“We believe that these monuments exist in a legal sense, and that there’s nothing the Trump administration will be able to do about that short of violating the law,” Mr. Green said.

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EXCLUSIVE: Groundbreaking new prayer book designed for demographic most targeted for abortion

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EXCLUSIVE: Groundbreaking new prayer book designed for demographic most targeted for abortion

EXCLUSIVE – Marking Down Syndrome Awareness Day, Bishop Robert Barron’s publishing company, Word on Fire, is releasing a groundbreaking new book specifically designed to help adults with Down syndrome and other intellectual disabilities, who are disproportionately targeted for abortion, to pray.

Written by Mark Bradford, an advocate for persons with intellectual disabilities, the book – titled “Let Us Pray: Catholic Prayers for All Abilities” – features simplified traditional prayers, large print for readability, and an accessible font for those with dyslexia and other reading challenges.

Persons with Down syndrome are significantly more likely to be targeted for abortion. Between 67 and 87 percent of babies prenatally diagnosed with Down syndrome are aborted, according to a study published by the NIH.  

KIDS WITH DOWN SYNDROME CAN LIVE ‘ABUNDANT LIVES,’ DAD TELLS FOX NEWS CONTRIBUTOR

“Prayer is meant for every one of us,” Louisville Archbishop Edward Kurtz writes in the book’s foreword. (iStock)

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There are an estimated 250,000 persons with Down syndrome in the United States, and millions more with other types of intellectual challenges.

Despite this, there has been no prayer book designed for adults with these learning challenges … until now.

“Prayer is meant for every one of us,” Louisville Archbishop Edward Kurtz writes in the book’s foreword.

Kurtz, who grew up with an older brother with Down syndrome, called the book a “beautiful gift” for those who desire to grow in their faith but have no means to do so.   

VANCE VOWS TRUMP ADMINISTRATION WILL BE ‘BIGGEST DEFENDERS OF RELIGIOUS LIBERTIES,’ CATHOLICS

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Robert Barron preaching

Bishop Robert Barron of the Diocese of Winona-Rochester, Minnesota, is the founder of Word On Fire Ministries.

Bradford told Fox News Digital that he was inspired to create the new book when he saw his 20-year-old son Thomas Augustine – who has Down syndrome – having to use a book with “horrible illustrations” designed for small children to pray the rosary.

“There are no resources like this for adults with intellectual disabilities,” he explained. “I want this to be a resource that provides something beautiful to encourage adults with disabilities, and really anyone whose reading level is around the 3rd to 6th grade, to develop a habit of prayer using a book that was prepared just for them.”

Fox News Digital obtained an exclusive copy of the book. Bradford explained that through the book’s visually striking but not childish imagery, easy-to-read text, and engaging layout, it can help anyone, especially those with learning challenges, to form a habit of prayer.

According to Bradford, even the typeset chosen for the prayers is a unique font designed by a typographer in Holland specifically to assist dyslexic readers.

CATHOLIC BISHOP INVITES AMERICANS TO ‘TAKE THE TIME TO FOCUS ON THE LORD’ DURING 10,000 HOUR PRAYER CAMPAIGN 

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Despite the stigma often associated with Down syndrome and other learning disabilities, Bradford said that through “Let Us Pray,” he wants to send the message that “EVERY human person made in God’s image is called into a relationship with him.” (iStock)

“Let Us Pray” includes four main sections: “Making a Habit of Prayer,” “Getting More Involved at Sunday Mass,” “Devotions” and “Prayers for Special Times,” which includes “Prayers for Your Life’s Purpose” and “Prayers When Someone You Love Has Died or Is Dying.”

The book even includes a portion on “Prayers to End Abortion,” which acknowledges the “very sad” reality that many Down syndrome babies are selected for abortion because of their disability.

“When some women find out they are going to have a baby, they are very sad and afraid. They don’t want their baby — sometimes especially if they find out the baby will have Down syndrome or another disability,” the book reads. “They need us to pray for them every day so that they say yes, just like Mary did, and have their special baby to love.”

There is also a section at the end of the book for the reader to write down their own prayers.

CHRIS PRATT CALLS FAITH THE ‘BEST PART’ OF HIS LIFE AFTER TEAMING UP WITH HALLOW APP 

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Woman Down syndrome

Bradford explained that through the book’s visually striking but not childish imagery, easy-to-read text, and engaging layout, it can help anyone, especially those with learning challenges, to form a habit of prayer. (iStock)

Despite the stigma often associated with Down syndrome and other learning disabilities, Bradford said that through “Let Us Pray,” he wants to send the message that “EVERY human person made in God’s image is called into a relationship with him.”

“Those living with intellectual disabilities can have a rich and fruitful prayer life,” he said. “That needs to be honored with resources that encourage prayer and the development of that relationship with their creator that happens through prayer.”

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Commentary: Jeff Pearlman goes from sportswriting to throwing fastballs at O.C. politicians

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Commentary: Jeff Pearlman goes from sportswriting to throwing fastballs at O.C. politicians

Jeff Pearlman is one of the most successful sportswriters of his generation. His must-read articles appeared in Sports Illustrated and ESPN in the 2000s before he switched over to penning best-selling books on everything from Bo Jackson to the 1986 New York Mets to the Showtime-era Lakers, the latter which was turned into the recent HBO series “Winning Time.” His biography of Tupac Shakur is scheduled for release in October.

And yet last month, Pearlman announced he was embarking on an altogether different kind of mission: to write about Orange County politics. Talk about a wicked curveball!

As a faithful reader and lifelong Orange Countian, I immediately signed up for his website, The Truth OC. There, on a near daily basis, Pearlman uses the same puerile-yet-potent invective against local conservatives and President Trump that he once reserved for sports fools.

Huntington Beach Mayor Pat Burns? He’s “Bull Connor meets Bobby Knight meets Officer Krupke.”

Laguna Woods Republican Club president Pat Micone? Belongs to the “genre of person who needs to be told, repeatedly, not to answer her cell unless she recognizes the number.”

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Capistrano Valley Unified School District trustees are a “four-headed wackadoo squad of hard-right board members.” Rep. Young Kim is a “cowardfor not standing up to Trump. Those are the barbs I can quote in a family-friendly newspaper.

Pearlman already scored a scoop by unearthing a video that went viral of Capo Valley trustee Judy Bullockus using the N-word during a board meeting. While I was pleasantly shocked by Pearlman’s pivot, he’s a much-needed chronicler for a region of 3.2 million that has served as a political bellwether for decades yet has a much smaller press corps than before.

Still, Pearlman writing about O.C. politics seems a little like Gustavo Dudamel quitting the L.A. Philharmonic to moonlight as a drummer at the Dresden Room. Shohei ditching the Dodgers to join a local pickleball league.

“I’m profoundly down” about national politics right now, he said when we recently met at a cafe near Chapman University, where he lectures on sports journalism. Gawky and bespectacled but with the brio of a scrapper, Pearlman was dressed like a quintessential sports geek: black-and-yellow Pittsburgh Pirates hat and Pittsburgh Maulers shirt, the latter a long-gone professional football team. Flip-flops. Sweatpants that looked like jeans.

“Like, these are not happy days for me. But every time I write a new post, I feel really good,” he said. “Every time I see people reading and the subscriptions keep going up, I’m like, ‘All right, this is a way to feel a little like you’re doing something.’”

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Other sports journalists also occasionally opine on politics, long a no-no in their profession. But Galen Clavio, director of the National Sports Journalism Center at Indiana University in Bloomington, feels that what’s especially fascinating about Pearlman’s latest focus is that almost all of his peers “aren’t going into hyper-local things, because most followers will think, ‘I don’t believe you’re really into this, so why bring it into the equation?’”

“I wish I didn’t have to do this … but this feels more important,” the fast-talking Pearlman replied when I asked him why he’s now focusing on the micro instead of the macro. He recently covered a rainy Friday afternoon pro-democracy rally outside Irvine City Hall, for chrissakes. “We don’t need another me screaming about Trump, which I do a lot. It doesn’t really resonate. There’s a million people screaming, but there’s not that many people screaming about local politics.”

I wondered why he didn’t just volunteer for a local Democratic club, or write a check to a politician, instead of devoting time and energy to something he’s doing for free.

“This is important — I’m being serious,” he shot back. “I want people to know that not everyone is doing sh-t for the money. Like, I’m just doing it because I’m mad.”

Jeff Pearlman attends the premiere of HBO’s “Winning Time: The Rise Of The Lakers Dynasty” at The Theatre at Ace Hotel in Los Angees in 2022.

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(Tommaso Boddi / Getty Images)

The East Coast native moved with his family from New York to South O.C. in 2014 after years of visits for his work, which included covering the 2002 World Series that saw the Angels beat the San Francisco Giants (he thinks the Halos are the worst franchise in Major League Baseball). “We wanted a yard for our kids,” he cracked. Pearlman was initially the classic O.C. suburbanite, preferring to focus on the good life instead of local matters. But he always kept in mind the experiences of a good friend.

“She used to tell me what it was like to be a Black person in Orange County and being stopped here” by police constantly. “And I’d notice weird things, and she was like, ‘Well, that’s Orange County.’”

In 2018, Pearlman came across the words of Huntington Beach-area Rep. Dana Rohrabacher, long an outlandish figure who once said during a congressional hearing that dinosaur farts caused global warming (he later claimed it was a joke). “I never actually never had exposure to people like this,” the 52-year-old said. “I had read about them, but that was it.”

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He started a website that tracked some of the crazier things Rohrabacher said, which I remembered as being funny but not really revelatory. In hindsight, Pearlman was personifying the awakening of O.C. liberals, who made history in 2018 by electing an all-Democratic congressional delegation for the first time ever two years after making Hillary Clinton the first Democratic presidential nominee to take Orange County since the Great Depression.

“That was a real turning point,” Pearlman said. “And I didn’t think [Orange County] would ever go back for red.”

Trump’s triumph last year (although not in O.C., which he has never won), coupled with local election victories for MAGA acolytes, snapped Pearlman back into action. Shortly after the election, he went to a local meeting of liberals.

“They were very nice people, but basically the whole vibe of the meeting was, ‘Who wants a hug? You need to get in touch with our feelings.’ And that’s just not me at all. I’m not saying I don’t have feelings. But to me, you have to punch them [MAGA nation] in the face.”

His pugnaciousness reminded me of O.C.’s oldest political blog: Orange Juice Blog, which began in 2003. Publisher Vern Nelson started off as the resident loudmouth in its lively comments section before becoming a contributor, then taking over Orange Juice altogether in 2010.

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He hadn’t heard of The Truth OC until I told him, and he asked if he could read some posts before offering his opinion. When Nelson called back, he was laughing in appreciation.

“He’s doing a lot of good stuff,” Nelson said. “We need another good political blog. I’d say to use his previously existing fame, but he’s probably going to piss off a lot of his old readers.”

Pearlman thinks his sports background actually makes him ideal to write about politics.

“We deal with people who are mad at us all the time, and we have to come back the next day,” he said. “And, like, you have to write fast. You have to turn around copy quick. You have to make it punchy. Like, it can’t just be flat.”

Jeff Pearlman, best-selling author of multiple books about sports

Jeff Pearlman, best-selling author of multiple books about sports, talking at L’Orange Cafe in Old Towne Orange. His elbow is resting on a copy of a book by Huntington Beach Councilmember Chad Williams.

(Allen J. Schaben / Los Angeles Times)

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He admits to being a “community college student, second semester freshman year” when it came to knowing about his new beat. He knew none of the historic names I threw at him, and nothing about Santa Ana, where a new generation of Latino voters are bringing L.A.-style progressive politics to the city. When Pearlman tried to rationalize the conservative leanings of his neighbors — “I think my neighbor is upset about his taxes. I don’t think he’s upset about a Black family here” — I retorted that his neighbor would be up in arms if it was a Mexican family, and he conceded the point.

“But I’m taking whatever people have to give me,” he added. “I’m open to learn.”

Pearlman doesn’t know how long he’ll do The Truth OC and even admitted, “I know I’m definitely gonna burn out. That doesn’t mean I won’t keep going.” But he hoped that his example will bring attention and vigor to a political scene that desperately needs both.

“You’ll go to these [local Democratic] meetings and they’ll be like, ‘All right, guys, tomorrow we’re going to have a letter-writing campaign to Young Kim’s office, and we’re going to send 100 postcards. And it is done earnestly and with very good intentions. I’m not bashing anywhere, but it’s not f—— working.”

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He stayed silent for a second — a lifetime for Pearlman.

“I sent 50 bucks to [Rep. Hakeem] Jeffries’ office. It’s another 50 bucks he has. What’s it going to do, buy 100 postcards?”

A half-second of silence.

“What these people [politicians] don’t like is being embarrassed.”

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