Trump’s Housing Chief Embarks on Shake-Up at Mortgage Giants Fannie Mae and Freddie Mac

Wall Street Journal, March 23, 2025-Gina Heeb
In his first full week as head of the Federal Housing Finance Agency, home-builder heir and former private-equity executive William Pulte ousted more than a dozen board members at mortgage giants Fannie Mae and Freddie Mac.

Pulte made himself the chairman of the boards and installed a set of new directors (one of them was Christopher Stanley, an Elon Musk ally who resigned from the post a day later). He removed senior executives at the companies and the FHFA, which regulates Fannie and Freddie. Among those let go was Freddie CEO Diana Reid.
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