US President Trump said Tuesday he was appointing Bill Pulte as acting director of national intelligence to replace Tulsi Gabbard.
Pulte currently serves as director of the Federal Housing Finance Agency and chairman of Fannie Mae/Freddie Mac, which supports mortgage markets. His biography on the FHFA site lists career experience in housing and philanthropy, but none in intelligence.
Trump made the announcement in a social media post, listing Pulte's qualifications for the role as someone with "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."
The director of national intelligence position was created in the wake of 9/11 to help U.S. intelligence agencies better coordinate. In establishing the position of DNI in 2004, Congress stipulated that "any individual nominated for appointment as Director of National Intelligence shall have extensive national security expertise."
Pulte has been a reliable attack dog for the administration and shown a willingness to go after the president's perceived enemies.
Last year, Pulte accused Federal Reserve Board of Governors member Lisa Cook of mortgage fraud. Cook, the first Black woman on the board, has denied wrongdoing. Trump subsequently attempted to fire Cook from the board. The Supreme Court heard arguments in that case in January and has yet to rule.
He has also targeted New York Attorney General Letitia James, accusing her of claiming more than one property as her primary residence. She has denied the allegations. The administration has pursued these claims against her multiple times – in April 2025, Pulte wrote to then-Attorney General Pam Bondi and Deputy Attorney General Todd Blanche, referring his accusations to them.
The administration has attempted to prosecute James multiple times. In March, there were two criminal referrals against her, just months after a federal grand jury rejected an indictment against her.
