(Reuters) – U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency (FHFA).
“Bill needs no formal introduction to the Great Citizens of our Country, because they have seen, and many have experienced, his philanthropy firsthand,” Trump wrote in a post on Truth Social.
The FHFA regulates Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008.
(Reporting by Rami Ayyub)
