
Chamath Palihapitiya has endorsed William "Bill" Pulte as the next chair of the Federal Reserve, calling him an ideal candidate with deep expertise in housing and strong alignment with the Donald Trump administration.
What Happened: On Tuesday, venture capitalist and tech investor Palihapitiya took to X, formerly Twitter, to praise Pulte, the current director of the Federal Housing Finance Agency (FHFA), saying he would be an "exceptional pick" to replace Fed Chair Jerome Powell.