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Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely.

Economy MarketWatch By Victor Reklaitis 02 Jun 2026 15:46 1 min read
Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely.

Shares in Fannie Mae and Freddie Mac tumbled Tuesday as traders reacted to President Donald Trump’s announcement that Bill Pulte, the chair of the two government-backed mortgage giants, would serve as acting director for national intelligence.

Shares in Fannie Mae and Freddie Mac tumbled Tuesday as traders reacted to President Donald Trump’s announcement that Bill Pulte, the chair of the two government-backed mortgage giants, would serve as acting director for national intelligence.

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