President Donald Trump announced Tuesday that he has tapped Bill Pulte, the country’s top housing regulator, to be acting director of national intelligence.
The surprise move follows Tulsi Gabbard resigning from the post last month after her husband was diagnosed with cancer.
Pulte, a Trump loyalist and heir to his family’s homebuilding empire, will remain director of the Federal Housing Finance Agency and chair of mortgage giants Fannie Mae and Freddie Mac, Trump said in a Truth Social post.
It’s unclear whether Pulte, a business executive, has any national security experience.
“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 wrote. “During this period, he will remain Director of the Federal Housing Finance Agency, and Chairman of Fannie Mae/Freddie Mac.”
