Trump Names Housing Official as Acting Intelligence Head

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  I'm Joe Davis.

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  And this is Season 2 of Better Vantage by Vanguard,

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  The Trump administration is abandoning its $1.8 billion "anti-weaponization" fund.

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  Plus, President Trump names housing chief Bill Pulte as the acting director of national intelligence.

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  And the year of the blockbuster IPO is changing up the world of indexes like the S&P 500. The companies

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  I'm Alex Ossola for The Wall Street Journal.

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  President Trump today said he was appointing Bill Pulte as acting director of national intelligence,

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  succeeding Tulsi Gabbard, who resigned last month.

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  Pulte is a close ally of President Trump's

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  who leads the Federal Housing Finance Agency and is chairman of the boards of Fannie Mae and Freddie Mac,

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  roles that Trump said Pulte would remain in while serving as acting director of national intelligence, or DNI.

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  WSJ White House reporter Natalie Andrews says Pulte has been a polarizing figure at the White House.

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  Donald Trump named him as an acting director, meaning they're not going to go through the Senate confirmation process.

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