Analysis: Trump's "Housing Authority" chief posts move the market
2025-07-14 21:44:52
Stock markets have swung wildly as Bill Pulte, the head of the Federal Housing Finance Agency, has weighed in on topics ranging from credit score pricing, cryptocurrencies as collateral and even whether Federal Reserve chairperson Jerome Powell can keep his job. His online comments, which sometimes start with obscure introductions, even pulled the S & P 500 lower at one point on Friday. His market clout "has made an otherwise obscure government official suddenly the star of business news," said Steve Sosnick, chief strategist at Interactive Brokers.
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