Housing Chief Bill Pulte Becomes a Potential Liability for Donald Trump
The US’s top mortgage regulator has frustrated many of Trump’s top aides, but the president himself likes Pulte’s pit-bull approach.
Bill Pulte
Photographer: Al Drago/Bloomberg
Bill Pulte has made a name for himself by slinging dirt at Donald Trump’s foes — but some of the president’s aides now fear he isn’t up to doing his job: overseeing the $13 trillion US mortgage market.
When Pulte was picked to take the helm of the Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac, the Trump transition team considered the posting more of a backwater, according to people familiar with the process.