Why Crypto Markets Cheer Trump’s Pick for Acting DNI Role
President Donald Trump named Federal Housing Finance Agency Director Bill Pulte as Acting Director of National Intelligence on Tuesday. The decide drew rapid celebration from Bitcoin holders monitoring his pro-crypto document.
The 38-year-old will preserve his FHFA function and chairmanship of Fannie Mae and Freddie Mac. He will dual-hat the positions till a everlasting DNI is nominated and confirmed.
Pulte’s Pro-Crypto Record at FHFA
In June 2025, Pulte ordered Fannie Mae and Freddie Mac to acknowledge crypto in mortgage assessments. The directive eliminated any requirement that debtors liquidate holdings first.
He expanded the coverage in March 2026, permitting crypto reserves to back mortgages for the primary time.
However, solely belongings held on U.S.-regulated exchanges qualify underneath the strict custody restrictions hooked up to the rule.
Federal disclosures listing his private holdings in Bitcoin (BTC), Solana (SOL), and miner MARA Holdings. Spousal crypto publicity reaches as much as $2 million.
A Bitcoiner was simply picked for DNI function,” cheered David Bailey.
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Vice President JD Vance defended the decide in a separate publish praising Pulte’s posture towards the intelligence neighborhood.
Bill is a good man who acknowledges that the forms of the intel neighborhood should reply to the elected management (somewhat than the opposite approach round),” Vance added.
However, critics spotlight Pulte’s lack of intelligence or nationwide safety background.
They notice federal statute favors such expertise, particularly because the crypto market structure debate heats up in Congress. The performing function itself doesn’t require Senate affirmation.
“He seems to have been chosen exactly as a result of the White House believes he’ll present the narrative it desires, not the intelligence we want,” stated Senator Mark Warner.
It can be fascinating to see whether or not Pulte’s Bitcoin-friendly housing playbook extends to his intelligence remit.
The publish Why Crypto Markets Cheer Trump’s Pick for Acting DNI Role appeared first on BeInCrypto.
