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Bill Pulte, Trump’s Housing Nominee, Has Quite a History With Meme Stocks
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The Federal Housing Finance Authority oversees roughly $7.7 trillion — with a T — in mortgage loans belonging to homeowners across the county. It’s in charge of regulating Fannie Mae and Freddie Mac, the government entities that form the backbone of the U.S. mortgage market — entities that have been under conservatorship since the 2008 housing crisis, but which some figures in Donald Trump’s orbit have publicly advocated for privatizing.

It’s an agency with enormous responsibility. (The housing market, after all, makes up roughly 15 percent of the U.S. economy.) To lead it,...
See full article at Rollingstone.com
  • 2/26/2025
  • by Tessa Stuart and Miles Klee
  • Rollingstone.com

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