Top mortgage regulator Bill Pulte, who currently serves as chairman of Fannie Mae and Freddie Mac, will now oversee the nation’s spy agencies as acting director of national Intelligence, President Donald Trump has announced.
Pulte, the current Federal Housing Finance Administration director, will serve in the cabinet-level position that oversees most of the nation’s intelligence agencies, including the CIA and NSA, as well as the FBI. He replaces Tulsi Gabbard, who said she would step down this month.
“William has deep experience managing the most sensitive matters in America, the safety and soundness of the Markets, and over 10 Trillion Dollars at Fannie Mae/Freddie Mac, a substantial increase from where it was just 12 months ago,” Trump posted on his social media site, Truth Social.
Pulte will remain director of FHFA, as well as chairman of the two government-sponsored enterprises, Fannie Mae and Freddie Mac, Trump said.
Pulte, whose grandfather founded homebuilder PulteGroup, has served as FHFA director since last year. He served on the board of that company for four years. His other experience is mostly in private equity, having founded Pulte Capital Partners LLC, an investment firm which focuses on homebuilding products.
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Tristan Navera is a senior reporter on housing policy, covering trends and solutions in the housing market from Washington, DC. He was previously a senior reporter at Bloomberg Law, and before that covered real estate for the Washington Business Journal. Earlier in his career, he spent a decade reporting on business and real estate in Dayton and Columbus, OH. A Cincinnati native, he holds a journalism degree from Ohio University.
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