WASHINGTON (AP) — President Donald Trump has tapped Bill Pulte, head of the Federal Housing Finance Agency, to serve as acting director of national intelligence — elevating a real estate scion with no clear national security credentials to a key post as the U.S. remains at war with Iran.
Senate Democratic leaders held a news conference. Watch in our video player above.
Trump made the surprise announcement Tuesday on social media that Pulte would be replacing Tulsi Gabbard, the former Hawaii congresswoman who had served as the director of national intelligence. Trump said Pulte will keep his other positions even as he fills in for Gabbard, who resigned last month after revealing her husband's cancer diagnosis.
The Republican president cited Pulte's work at the FHFA and his role as chair of the mortgage giants Fannie Mae and Freddie Mac as indicating that his real estate work would overlap with the skills needed to coordinate 18 federal agencies tasked with aspects of foreign and domestic security.
"William has deep experience managing the most sensitive matters in America, the safety and soundness of the Markets," Trump posted on Truth Social.
