Its an agency with enormous responsibility.

(The housing market, after all, makes up roughly 15 percent of the U.S. To lead it, Trump has nominated a meme stock-promoting,MrBeast-investing private equity executive and podcast host.

Bill Pulteis the grandson of William Pulte, the founder of PulteHomes, thethird largest homebuilderin the country today.

Bill Pulte is interviewed in his offices in Boca Raton, Florida on December 13, 2021. Pulte is known globally as a Twitter philanthropist. He has been a strong supporter of efforts to raise money for Oxford families.

Donald Trump has nominated Bill Pulte to lead the Federal Housing Finance Agency.Lannis Waters/USA TODAY NETWORK

More recently, Pulte has made a reputation as a figure in the meme stock world.

ByPultes own accounting, he has disbursed more than $1.6 million this way.)

(Thetweethas since been deleted.

(Only the Young seems to be Pultes catchphrase.

Screenshots viewed byRolling Stoneindicate he tweeted it a number of times.

Its unclear what the phrase means.Rolling Stoneemailed Pulte seeking comment for this story, including clarification about the catchphrase.

Pulte did not respond to the inquiry.)

You might be getting people into a stock thats going to crash more, host Charlie Gasparino pointed out.

Pulte responded, railing against overpaid executives, who cashed out while retail investors got screwed.

This is a movement, Pulte said of memestockers.

This is not fair to the average American.