President Donald Trump has tapped federal housing finance Director Bill Pulte to be acting director of national intelligence to replace Tulsi Gabbard.

His elevation on Tuesday of Bill Pulte, director of the Federal Housing Finance Agency, to serve as America’s new acting top spymaster was therefore a classic political move.

Pulte, meanwhile, made criminal referrals to the Justice Department, alleging mortgage fraud by some of Trump's most reviled political adversaries, including former New York Attorney General Letitia J...