bill pulte

WASHINGTON — President Trump said Thursday that he plans to nominate Jay Clayton, the U.S. attorney for the Southern District of New York and a former Securities and Exchange Commission chairman, as director of national intelligence.

Trump announced the nomination on social media amid pressure from Congress to name a permanent replacement for Tulsi Gabbard, who resigned last month. Trump faced intense pushback over his decision to name Bill Pulte, head of the Federal Housing Finance Agency, as acting director.

The situation has led to a standoff in Congress as Democrats said they would refuse to renew foreign intelligence powers unless Trump pulled Pulte’s nomination and named a permanent nominee.

“Few people anywhere in the Legal Community are respected at the level of Jay,” Trump wrote. “I encourage the United States Senate to confirm Jay as soon as possible.”

ABOARD AIR FORCE ONE — President Trump said Friday that he wants Bill Pulte, his new acting director of national intelligence, to cut the office, which has already been significantly scaled back during his second term.

Trump noted that the size of the office has been “way too high for way too long” and that “if he cut, I wouldn’t mind.”

“Bill Pulte is very good, he’s very talented,” Trump told reporters on Air Force One as he traveled to Wisconsin. The Republican president said in an earlier interview with the Wall Street Journal that he has asked Pulte to start the process of firing employees.

In the interview with the Journal, the president says he has already conveyed his view to Pulte, the incoming acting director of national intelligence, who has served as head of the Federal Housing Finance Agency but apparently has no national security expertise.

“I’d like to see it smaller. I think there are a lot of people in there that shouldn’t be there,” Trump said, which the Journal said was in reference to intelligence community officials who had served in the Democratic administrations of Presidents Biden and Obama.

Trump told the Journal that he wants Pulte to “start the process” of firing personnel and that the eventual permanent director of national intelligence should continue it. The president has indicated that he would not formally nominate Pulte for the position.

“Frankly, it might be good for him to shake it up before people come,” Trump said. “Because, if he [Pulte] reduced the size, in conjunction with me … and in conjunction with possibly the person coming in … he can do a lot of the hard work and we wouldn’t have to saddle somebody that goes in.”

Pulte was tapped by the president earlier this week in a surprising move that has been met with bipartisan resistance in the Senate, which confirms presidential nominations. The temporary appointment has now snarled the renewal of a critical national security surveillance program on Capitol Hill, with Democrats key to the vote pointing out that they did not trust Pulte — whose office oversees 18 intelligence agencies — to help administer the surveillance program.

Under Pulte’s successor, Tulsi Gabbard, the director of national intelligence’s office had already taken steps to scale back its size. In August, the Trump administration said that the office’s budget would be cut by more than $700 million per year, while slashing the size of its workforce.

At the time, Gabbard said the office had become “bloated and inefficient” while she announced the roughly 40% workforce reduction.

Gabbard resigned last month after revealing her husband’s cancer diagnosis.

Price and Kim write for the Associated Press. Kim reported from Washington.

WASHINGTON — President Trump has tapped Bill Pulte, head of the Federal Housing Finance Agency, to be the acting director of national intelligence — putting a real estate scion and fierce Trump loyalist in a key national security post as the U.S. remains at war with Iran.

Trump made the surprise announcement Tuesday on social media that Pulte would be replacing Tulsi Gabbard, the former Hawaii congresswoman who served as the director of national intelligence.

The Republican president cited Pulte’s work at the FHFA and his role as chair of the mortgage giants Fannie Mae and Freddie Mac, saying that the 38 year-old “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.”

Pulte’s sudden elevation to a role coordinating sensitive national security matters is a sign of how Trump is putting a priority on loyalty over a traditional resume full of previous military and intelligence assignments. It’s unclear what national security expertise Pulte has, but he has been a frequent guest on Air Force One as Trump has traveled to Mar-a-Lago, his home and club in Palm Beach, Florida.

As the grandson of the founder of PulteGroup, one of the country’s largest homebuilders, Pulte has cut a combative streak on social media and used his post at the FHFA to attack perceived opponents of the Trump administration.

His time overseeing mortgage finance has been linked with criminal referrals for mortgage fraud by public officials Trump sought to punish, including New York Attorney General Letitia James, a Democrat; Sen. Adam Schiff, D-Calif.; and Lisa Cook, a member of the Federal Reserve, who was nominated by a Democratic president, Joe Biden.

Pulte has famously gone after then-Federal Reserve Chair Jerome Powell for not cutting the central bank’s benchmark interest rates as aggressively as the president wanted. He has also been linked to ideas such as the 50-year mortgage and efforts to lower mortgage rates through the purchase of home loan debt that have not paid off as promised.

Trump said Pulte will keep his other positions even as he fills in for Gabbard, who resigned last month after revealing her husband’s cancer diagnosis.

If formally nominated, Pulte would need to be confirmed by the Senate to hold the position full time.

Boak writes for the Associated Press.