Catherine Austin Fitts is an American investment banker and former public official. She served as United States Assistant Secretary of Housing and Urban Development for Housing during the Presidency of George H. W. Bush. She has widely written and commented on the subject of public spending and has alleged several large scale instances of government fraud.
About Catherine Austin Fitts in brief
Catherine Austin Fitts is an American investment banker and former public official. She served as United States Assistant Secretary of Housing and Urban Development for Housing during the Presidency of George H. W. Bush. She has widely written and commented on the subject of public spending and has alleged several large scale instances of government fraud. In 2017 she co-authored a report that claimed to find. to find unauthorized by the U.S. Defense Department over a 17-year period. She is the first woman to be promoted to managing director of Dillon, Read & Co. in the investment bank’s then 156 year history.
She also founded Hamilton Securities, an employee-owned brokerage house, which she ran until 1998. In 2002 the investigation into Hamilton Securities was closed with prejudice with investigators stating they had found no evidence of wrongdoing by FITTs or Hamilton Securities. FittS subsequently founded Solari, an investment advisory firm, whichshe runs as of 2020. She currently lives in New York City with her husband and their two children. The couple have a son, a daughter, and a son-in-law who live in Washington, D.C. They have a daughter who lives with her mother and step-son.
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