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

MarketWatch · Jun 2, 2026, 3:46 PM · Also reported by 4 other sources

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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