President Donald Trump announced Tuesday that Federal Housing Finance Agency Director William “Bill” Pulte will serve as acting director of national intelligence, replacing Tulsi Gabbard after she announced plans to resign, as reported by Fox News.

Trump made the announcement in a post on Truth Social, praising Pulte’s experience at the FHFA and his oversight of Fannie Mae and Freddie Mac.

“William has deep experience managing the most sensitive matters in America, the safety and soundness of the Markets, and over 10 trillion dollars at Fannie Mae/Freddie Mac,” Trump wrote.

Trump said Pulte will continue serving as FHFA director and chairman of Fannie Mae and Freddie Mac while taking on the acting intelligence role.

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“Congratulations to Director Pulte!” Trump added.

Pulte was confirmed earlier this year to lead the FHFA, which regulates Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System. Trump also said Fannie Mae and Freddie Mac now oversee more than $10 trillion in assets, describing that figure as “a substantial increase from where it was just 12 months ago.”

The appointment follows Gabbard’s announcement last month that she would resign as director of national intelligence to support her husband after he was diagnosed with a rare form of bone cancer. Her resignation is scheduled to take effect on June 30.

Gabbard, who served as director of national intelligence during President Trump’s second term, oversaw efforts to declassify government records and pursued broader reforms within the intelligence community.

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Pulte’s acting appointment gives the White House a temporary replacement while the administration determines whether to nominate him or another candidate for the permanent role. If Pulte is later nominated to serve as director of national intelligence on a permanent basis, he would need Senate confirmation.

The director of national intelligence oversees the U.S. intelligence community and serves as a principal intelligence adviser to the president. The office coordinates work across multiple intelligence agencies and plays a central role in briefing the administration on national security threats.

Trump’s decision places a housing finance official with experience managing major financial institutions into one of the federal government’s most sensitive national security posts. The president’s announcement focused on Pulte’s financial oversight experience, particularly his work with Fannie Mae and Freddie Mac.

Pulte will remain in his current housing finance posts while serving in the acting intelligence position, according to Trump’s announcement.

The move comes as the administration continues to face intelligence, national security, and foreign policy challenges, including ongoing concerns in the Middle East and scrutiny from lawmakers over executive branch decisions.

Gabbard’s departure marks a significant change inside the Trump administration’s intelligence team. Pulte’s acting role will begin after her resignation takes effect at the end of June.

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