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Fed Wars: Trump Strikes Back
Mortgage fraud allegations and merger talk—pick your chaos
Splits and Caps Daily: Action for Agents
August 21, 2025
📈 Market Move:
Politics and Payments
Trump just turned up the heat on the Fed—again. This time it’s not Powell in the hot seat (though Trump still wants him gone). It’s Fed Governor Lisa Cook, who’s being accused of mortgage fraud by FHFA Director Bill Pulte. Cook fired back saying she won’t be “bullied” out of her job over a four-year-old mortgage application. Translation: this fight isn’t ending anytime soon.
On the money side: the Fed is poking around with crypto, tokenization, and AI in payments—trying to keep pace with private innovation. And in housing finance, some insiders are floating a Fannie + Freddie merger, which could either lower mortgage rates… or spook investors and push them higher.
Big picture: Between Fed shake-ups and talks of merging the GSE giants, housing and finance are in Trump’s crosshairs again. Expect more chaos, more headlines, and maybe a few unintended consequences.
🌟Quote of the Day:
“Action may not always bring happiness; but there is no happiness without action.” — Benjamin Disraeli
⚡ Quick Win:
Calendar Audit – Delete one meeting you don’t need. You just bought yourself freedom.
🎉 Fun Fact of the Day:
En-Lite-enment: 🛕 In Thailand, there’s a Buddhist temple made entirely from 1.5 million recycled beer bottles. Cheers to sustainability.
📚 Book Recommendation:
“Win Without Pitching Manifesto” by Blair Enns — Here’s the deal: most people sell like beggars. They show up, do a little dance, and hope the client throws them a bone. Blair Enns says: screw that. You’re not a beggar—you’re the prize.
This book is about flipping the script. Instead of chasing every client and lowering your price just to “win” the deal, you position yourself as the expert who sets the terms. No more free work, no more death-by-proposal, no more begging.
It’s short, punchy, and feels more like a manifesto than a manual. By the end, you’ll start to see yourself less as a salesperson and more as a surgeon—you don’t pitch, you prescribe.
👉 If you’ve ever felt like you’re dancing for dollars instead of running your business, this book will smack you awake.
Good things compound. Keep feeding the flywheel.
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