Pulte’s Spy Agency Role Seen Undercutting Trump Housing Agenda

June 2, 2026, 9:09 PM UTC

President Donald Trump’s decision to tap his top housing regulator to also serve as acting Director of National Intelligence threatens to sideline an already-sputtering home affordability agenda five months before the US midterm elections.

Federal Housing Finance Agency Director Bill Pulte will continue in his current post regulating the nearly $14 trillion mortgage market while also overseeing the sprawling US intelligence apparatus, Trump announced Tuesday. In addition, the president said Pulte will remain as chairman of the boards of both Fannie Mae and Freddie Mac, the government-controlled companies underpinning the housing market.

William Pulte, director of the Federal Housing Finance Agency, during a Bloomberg Television interview outside the White House on Jan. 12, 2026.
Photographer: Stefani Reynolds/Bloomberg

While Pulte lacks experience with ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.