🚫 Don’t Fall for Fake News — Think Before You React!

That viral “FHFA press release”? Most likely a Photoshopped scam aimed at misleading retail investors. Here’s why it doesn’t hold up:

1️⃣ Fannie Mae and Freddie Mac are separate entities with their own boards. A shared chairman makes no sense. “William J. Pulte” is a well-known Twitter philanthropist, not an executive at either agency or the FHFA. The claim is nonsense.

2️⃣ The language is a dead giveaway. Official releases from regulatory bodies are carefully worded and legally vetted — they don’t sound like casual tweets or hype.

3️⃣ If Jerome Powell really resigned, it would be headline news worldwide. The White House and Federal Reserve would announce it first, with immediate coverage from trusted outlets like Bloomberg, CNBC, or WSJ. A quick search shows… nothing.

4️⃣ This is a textbook example of a scam to manipulate retail investors. Fake news triggers panic or hype buying. Scammers profit while others lose.

⚜️ Stay sharp. Think critically. Stay SAFU.