Independent regulator overseeing Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks.
The Senate has confirmed Jay Clayton as director of national intelligence by a 51-47 vote, removing acting DNI Bill Pulte. Clayton has faced tough questioning over his refusal to plainly say Joe Biden won the 2020 election and about his willingness to resist political pressure. His confirmation clears the way for renewed talks on reauthorising Section 702 of the Foreign Intelligence Surveillance Act.
The largest class-action settlement in American history has expanded automatic debt relief for an additional 170,000 borrowers after a 2022 agreement; thousands more had already received relief, with ongoing appeals affecting how balances are discharged. The Education Department is pressing ahead with broader repayment changes amid lawsuits challenging caps on borrowing.
The White House has told Federal Reserve Governor Adriana Cook that the president is "considering" removing her and has given her until Aug. 26 to answer mortgage-fraud allegations. The letter, signed by Dan Scavino and dated Aug. 5, revives claims first raised in 2025 after the Supreme Court this year blocked an earlier firing attempt.
The White House has renewed its effort to remove Federal Reserve Governor Lisa Cook over mortgage‑related allegations. Cook has responded with a formal filing arguing there is no legal basis for her removal; the Supreme Court previously blocked a firing attempt and left room for due process.
Lisa Cook’s lawyers have told the White House that a November 5 hearing cannot proceed because she will be performing Federal Reserve duties in Europe and preparing for the December FOMC meeting. Attorney Abbe Lowell has also warned that the White House committee is biased, citing members’ prior comments and unspecified additional allegations that must be disclosed before any fair hearing.