Real Estate
Pulte Feuded Online. Now, He's Trump's Pick to Run Federal Housing Finance Agency
- Trump said he’s planning to nominate Pulte to lead FHFA
- Pulte’s online philanthropy drew a large following on X
This article is for subscribers only.
President-elect Donald Trump nominated Bill Pulte as director of the Federal Housing Finance Agency, giving the self-proclaimed online philanthropist a key role in deciding a bet that could net hedge funds billions.
If confirmed, Pulte would assume leadership of an agency that sits at the crux of the US housing market, with oversight of Fannie Mae and Freddie Mac. He’ll face a tough task to figure out what to do with the mortgage companies — which have been under government supervision for more than a decade — just as investors such as Bill Ackman are champing at the bit to finally see the firms unleashed.