Chip Somodevilla/Getty Images A key ally of Donald Trump and the man behind the administration’s pitch for 50-year mortgages says the president has now ditched the idea. Federal Housing Finance Agency Director Bill Pulte told reporters that “We have other priorities.” Trump initially shared his support for the 50-year mortgage on Truth Social in November 2025, just minutes after Pulte presented him with the idea on a poster board. Read more at The Daily Beast.