US President Donald Trump has appointed Bill Pulte, head of the Federal Housing Finance Agency (FHFA), as acting director of national intelligence, days after Tulsi Gabbard stepped down from the role. Pulte, a major Republican donor and heir to a home construction fortune, has no known national security experience.
In his role at the FHFA, Pulte publicly levelled allegations of mortgage fraud against Trump's political opponents, including Federal Reserve Governor Lisa Cook, who has denied wrongdoing. Trump praised Pulte's experience in managing sensitive matters, stating he would remain FHFA director.
Gabbard's tenure was marked by marginalisation, as Trump sidelined her during operations against Venezuela and Iran. Reports indicate Trump had considered replacing her since April. Pulte's handling of fraud referrals has drawn criticism, with a former official describing his approach to the Cook case as 'very bizarre'.
Senate Majority Leader John Thune warned that Pulte would face a 'lengthy road' if nominated permanently, stressing the need for a non-weaponised intelligence director. Critics, including former Republican Ron Filipowski, labelled Pulte an unqualified 'nepo baby' with no relevant experience.
Pulte's family foundation has publicly distanced itself from him, stating he does not represent them. Despite his family ties to PulteGroup, he was removed from the board in 2020.
