Donald Trump, Jerome Powell and CBS Reports
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The coalition against Powell appears to be growing by the day. The director of the Federal Housing Finance Agency (FHFA), Bill Pulte, has accused the chairman of political bias and called for a congressional investigation into his leadership.
A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.
President Donald Trump’s feud with Federal Reserve Chair Jerome Powell continues to escalate, as the president openly discussed firing Powell in meetings with Republican lawmakers and in public remarks.
1don MSN
US Federal Reserve chair Jerome Powell is mulling resignation as pressure mounts for scrutiny into whether he was truthful to Congress about the Fed's 'Palace of Versailles' renovation to its headquarters in Washington,
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.