Powell, Fed
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Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.
Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should resign immediately” if the investigation proves he misled
The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it’s a pretext to eventually fire the central bank chief.
The director of the Federal Housing Finance Agency accused the Federal Reserve chair of lying to Congress in testimony about office renovations.
Federal Reserve Chair Jerome Powell is facing calls for a congressional investigation from Federal Housing Finance Agency Bill Pulte, who said Wednesday that Powell misled lawmakers and showed political bias regarding the renovations to the central bank's headquarters in Washington,
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.