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The Nexus
BUSINESSJun 2 · 15:46 UTCMARKETWATCHVictor Reklaitis

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

President Donald Trump appointed Bill Pulte, chair of Fannie Mae and Freddie Mac, as acting director for national intelligence. Shares in the two government-backed mortgage companies fell as traders linked the move to reduced likelihood of an IPO.

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Donald TrumppersonBill PultepersonFannie MaeorganizationFreddie Macorganizationacting director for national intelligencetopic
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