A Trump family ally and investment banker was appointed to the Fannie Mae board on Monday.
Omeed Malik, the founder of investment firm 1789 Capital — where Donald Trump Jr. works — was added to the board by Federal Housing Finance Agency head Bill Pulte, he announced in a post to social media platform X.
“Under President Trump, housing will enter its Golden Age. To have the best and brightest, Omeed Malik will be joining the Board of Fannie Mae, effectively immediately!” Pulte said. “Omeed brings great capital markets, legal and investment experience as we Make Fannie and Freddie Great Again!”