- President Trump has appointed William J. Pulte, the current head of the FHFA, as acting Director of National Intelligence.
- Pulte has been involved in controversies, including promoting the $ZACK memecoin, which was later accused of being a fraud.
- As FHFA director, Pulte made multiple criminal referrals against Trump’s political opponents based on thin or false allegations.
- His new role gives him oversight of the entire U.S. Intelligence Community, raising concerns about the politicization of intelligence.
President Donald Trump announced via Truth Social that he is elevating William J. Pulte to acting Director of National Intelligence. Pulte will retain his current roles leading the Federal Housing Finance Agency and government-sponsored enterprises Fannie Mae and Freddie Mac. However, Pulte’s appointment follows a series of financial and ethical controversies from his past.
He was an important promoter of the $ZACK memecoin, whose founder faces fraud charges. Meanwhile, a donation from his charity to a Trump-connected entity prompted an inquiry from Senators Elizabeth Warren and Ron Wyden. Consequently, Pulte’s tenure at the FHFA has been marked by aggressive legal actions.
He initiated criminal referrals against Trump critics like Letitia James and Jerome Powell. Strikingly, his fraud claim against Federal Reserve Governor Lisa Cook appears to be entirely false. If Pulte acts as Trump’s attack dog, his new intelligence role provides powerful tools for political assaults.
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