Bill Pulte is Trump’s most dangerously sycophantic promotion yet

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President Donald Trump announced Tuesday that Federal Housing Finance Agency Director Bill Pulte would become acting director of national intelligence. Pulte is stepping in to replace Tulsi Gabbard, who resigned from her post last month. Though Trump claimed his appointee “has deep experience managing the most sensitive matters in America,” he’ll take the position with literally zero relevant experience for coordinating 17 American intelligence agencies’ work.

But Pulte’s appointment makes slightly more sense when you consider his place in Trump’s orbit. The 38-year-old heir to his family’s massive home construction company shares the president’s love of social media bullying, golf and abusing power for personal gain. In currying Trump’s favor, he’s become the boy who cried “fraud,” using his limited portfolio to find leverage against the president’s enemies. With the broader remit his new perch provides, Pulte could do much more harm that he already has, opening the door to threats both foreign and domestic.

In currying Trump’s favor, he’s become the boy who cried “fraud,” using his limited portfolio to find leverage against the president’s enemies

The Office of the Director of National Intelligence was created in the aftermath of 9/11, based on the idea that one office should be responsible for sorting the signal from the noise amid a cacophony of perpetually incoming data. Pulte’s appointment as acting DNI fits within the general rule that acting officials in high-ranking roles must be Senate-confirmed. But his lack of any experience and newfound ability to cherry-pick data for Trump’s benefit rather than the national interest reveals a major problem with that standard.

Before Tuesday, acting Attorney General Todd Blanche would have been the slam-dunk pick for most dangerous sycophant Trump has installed. Pulte’s new appointment challenges that claim. Since stepping into his role at the FHFA — which he will still hold while overseeing America’s intelligence operation — he has acted as though he is part of the president’s law enforcement team.

Over the past year, Pulte has referred at least four members of Trump’s enemies list — New York Attorney General Letitia James, then-Rep. Eric Swalwell, Sen. Adam Schiff of California and Fulton County District Attorney Fani Willis — to the Justice Department for investigation for alleged mortgage fraud.

In all but one of the cases he has passed on to prosecutors, no charges have come about — a testament to the flimsiness of the evidence Pulte provided in his. A federal grand jury handed up charges against James in Virginia, but they were later thrown out and two subsequent grand juries refused to indict her. Undeterred, Pulte pushed a new criminal referral against James for alleged insurance fraud earlier this year.

It should be obvious that drawing predetermined conclusions, then searching for evidence, isn’t ideal when dealing with the life-and-death stakes of foreign intelligence. Pulte appears to have done just that from his position overseeing Fannie Mae and Freddie Mac, prompting concerns from internal watchdogs about just how he gathered the mortgage documents he then passed on to prosecutors. Last year, the Government Accountability Office opened an investigation into Pulte’s actions and a federal grand jury began investigating whether he illegally shared grand jury information, though neither have issued any conclusion.

Pulte has also stretched beyond the confines of his remit in the name of pleasing Trump. Last year, Pulte inserted himself into the president’s war against the Federal Reserve’s then-Chair Jerome Powell for not cutting interest rates quickly enough. The New York Times noted in July that he would leap to echo any of Trump’s gripes about interest rates “with a post demanding Mr. Powell’s resignation.” The Times also reported Pulte drafted a letter for Trump to fire Powell that was never issued, but made its way to the Resolute Desk. Alongside the previously mentioned fraud claims, he has also targeted Federal Reserve board member Lisa Cook for investigation. (Any wrongdoing proved on Cook’s part freeing up her seat for Trump to appoint a replacement would surely only be a knock-on effect.)

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