The must-read list for U.S. stock traders on social media adds a new member, as Trump's "Housing Authority" director's post stirs the market

Wallstreetcn
2025.07.14 20:21

As Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), expressed his views on various topics ranging from credit score pricing, cryptocurrency as collateral, to whether Federal Reserve Chairman Jerome Powell can keep his job, the stock market experienced significant fluctuations. His online comments sometimes begin with obscure introductions, and last Friday, they even temporarily pulled down the S&P 500 index. His market influence "suddenly turned an otherwise obscure government official into the star of business news," said Steve Sosnick, chief strategist at Interactive Brokers. (Bloomberg)

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