Trump’s 12 Biggest Witch Hunts

The Justice Department is investigating Gov. Tim Walz and Mayor Jacob Frey… “will not be intimidated.” - NBC

• Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation - CNBC
• Bill Pulte has weaponized his office to attack Trump’s political enemies. Pulte got his job in the administration about three years after his wife, Diana Pulte, donated $500,000 to a super-PAC backing Trump. - Mother Jones
• Bill Pulte: Agent of Chaos… the renewed attempt at undermining the Fed and its chair “highlights the grave governance questions in the US” - Financial Times
• GOP senator: DOJ ‘credibility’ is ‘in question’ over Powell investigation - The Hill

Follow Trump's witch hunts

Pump up the value of Pulte Homes

• The "corruption angle" regarding Bill Pulte’s public attacks on Fed Chair Jerome Powell centers on the intersection of populist rhetoric and personal financial gain.
• While Pulte frames his criticism as a defense of the "everyman" struggling with housing costs, critics argue his motives are rooted in a desire to pump the valuation of his family's legacy company and his own private equity interests.
• "Self-Enrichment". Pulte is using his massive social media platform to bully the Federal Reserve into cutting rates, which would directly benefit his net worth.
• Asset Inflation: As an heir and significant shareholder (though no longer an executive) of PulteGroup (PHM), his wealth is tied to the stock's performance. Lower rates lead to higher home sales and higher stock prices.
• Private Equity Interests: Pulte is the CEO of Pulte Capital. High interest rates make "deals" more expensive and reduce the leverage private equity firms can use.
• By attacking Powell as "corrupt" for keeping rates high, critics say Pulte is attempting to manipulate the macro-economy to lower his own cost of doing business. Politico

Trump weaponizes the Justice Department to reward billionaire donors

TakeAway: Impeach those weaponizing the Justice Department and Supreme Court for money and political power.

Deepak
DemLabs

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