President Donald Trump has appointed Bill Pulte, a housing official, as the acting director of national intelligence. Pulte's career has been marked by his influence on the Justice Department, particularly in cases against Trump's personal adversaries. Despite limited experience in national security matters, Pulte has directed investigations into several Democrats, including New York Attorney General Letitia James and Senator Adam Schiff.
Trump's announcement comes after Tulsi Gabbard's resignation as director of national intelligence. Pulte's appointment has sparked interest in his net worth, estimated at $100 million. He is the director at the Federal Housing Finance Agency and chairman of Fannie Mae and Freddie Mac. Pulte's grandfather founded PulteGroup, a home construction firm with a market capitalization of $23 billion.
