(WASHINGTON) -- President Donald Trump announced on Tuesday that he's appointing Federal Housing Finance Agency Director Bill Pulte as the acting director of national intelligence, with Tulsi Gabbard set to leave her post on June 30. 

Trump said that Pulte will remain the director of Federal Housing Finance Agency and also continue as a chairman of the mortgage groups Fannie Mae and Freddie Mac.

"William has deep experience managing the most sensitive matters in America, the safety and soundness of the Markets, and over 10 Trillion Dollars at Fannie Mae/Freddie Mac, a substantial increase from where it was just 12 months ago," Trump posted to his social media platform.

Pulte does not appear to have a clear national intelligence background.

He is best known in the Trump administration for launching probes into several of the president's perceived political enemies over allegations of mortgage fraud and possible misuse of authority. Targets of the investigations include Federal Reserve Governor Lisa Cook, New York Attorney General Letitia James, Democratic Sen. Adam Schiff and former Democratic Rep. Eric Swalwell. They've all denied wrongdoing.

The Department of Justice had at one point investigated whether Pulte and his team were interfering in ongoing investigations. Pulte has not been accused of any wrongdoing.

Gabbard announced her resignation last month because of her husband's battle with bone cancer.

Trump praised Gabbard for having done an "incredible job" and adding that the administration will "miss her." He said at the time that Principal Deputy Director of National Intelligence Aaron Lukas would serve as acting DNI.

But in his announcement on Tuesday, Trump said he was tapping Pulte for the temporary role. Pulte would need Senate confirmation if nominated to serve in the role full time.

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