President Trump announced Tuesday that Federal Housing Finance Agency Director Bill Pulte will serve as acting director of national intelligence, replacing Tulsi Gabbard, who is set to leave the position at the end of June.

Trump revealed the appointment in a Truth Social post, highlighting Pulte’s experience overseeing major financial institutions and government-backed mortgage enterprises.

“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, a substantial increase from where it was just 12 months ago,” Trump wrote on Truth Social in revealing the surprise pick.

“During this period, he will remain Director of the Federal Housing Finance Agency, and Chairman of Fannie Mae/Freddie Mac. Congratulations to Director Pulte!”

The selection caught many by surprise, as Pulte’s background is rooted primarily in finance and housing oversight rather than intelligence or national security. Even while taking on the temporary intelligence post, he will continue leading the Federal Housing Finance Agency and serving as chairman of Fannie Mae and Freddie Mac.

If Trump ultimately chooses to nominate Pulte to hold the intelligence position permanently, the appointment would require confirmation by the U.S. Senate.

Gabbard’s tenure as director of national intelligence is scheduled to conclude on June 30. She announced last month that she would be stepping down after her husband, Abraham, was diagnosed with bone cancer.

At 38, Pulte is best known as the founder of Twitter Philanthropy, the CEO of Pulte Capital, and the grandson of renowned homebuilding and real estate businessman William J. Pulte.

Pulte has also drawn attention during his time at the housing agency for aggressively pursuing allegations against several political figures aligned against Trump. Among those actions were criminal referrals involving New York Attorney General Letitia James and Federal Reserve Governor Lisa Cook over claims of mortgage fraud.

{Matzav.com}