President Donald Trump announced Tuesday that he has selected Federal Housing Finance Agency Director Bill Pulte to serve as acting director of national intelligence, succeeding Tulsi Gabbard after her departure later this month.

Revealing the appointment on Truth Social, Trump praised Pulte’s financial and management experience.

“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.

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

Pulte, who founded Twitter Philanthropy and serves as CEO of Pulte Capital, is also the grandson of homebuilding and real estate entrepreneur William J. Pulte. If Trump chooses to nominate him for the intelligence post on a permanent basis, Senate confirmation would be required.

Gabbard is scheduled to leave her position as director of national intelligence on June 30. She announced her resignation last month, citing her husband Abraham’s recent diagnosis of bone cancer.

The 38-year-old Pulte has drawn attention during his tenure at the Federal Housing Finance Agency for targeting several of Trump’s political opponents. He previously issued criminal referrals involving New York Attorney General Letitia James and Federal Reserve Governor Lisa Cook over allegations of mortgage fraud.