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New acting spy chief will be Bill Pulte, housing finance director who's attacked perceived Trump foes

New acting spy chief will be Bill Pulte, housing finance director who's attacked perceived Trump foes

Summary

President Donald Trump has selected Bill Pulte, who leads the Federal Housing Finance Agency, to be the acting director of national intelligence. Pulte will keep his current housing finance roles while temporarily replacing Tulsi Gabbard, who resigned last month due to her husband’s cancer.

Key Facts

  • Bill Pulte is the director of the Federal Housing Finance Agency.
  • He also chairs the mortgage companies Fannie Mae and Freddie Mac.
  • President Trump announced Pulte as acting director of national intelligence on Truth Social.
  • Pulte will continue to hold his housing finance roles while serving in the intelligence position.
  • Tulsi Gabbard resigned as director of national intelligence in April due to her husband’s cancer diagnosis.
  • Pulte has managed large financial markets, including over $10 trillion at Fannie Mae and Freddie Mac.
  • The announcement was described as a surprise by news sources.
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