White House, Powell and Federal Reserve
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Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from the powerful panel on Wednesday.
In the latest escalation in the feud between President Donald Trump and Fed Chair Jerome Powell, the president called for Powell to "resign immediately."
After continuous calls for Federal Reserve Board Chairman Jerome Powell to resign over the past week — at times asking, at times demanding — Federal Housing Finance Agency (FHFA) Director William J. Pulte has called for an investigation into the Fed leader.
As White House officials including the president escalate attacks on the central-bank chair, the director of the Federal Housing Finance Agency alleges Powell misled lawmakers about a renovation of Fed headquarters in Washington.