William J. Pulte, the Director of the U.S. Federal Housing Finance Agency (FHFA) and Chairman of Fannie Mae and Freddie Mac, has called on the U.S. Congress to investigate Federal Reserve Chairman Jerome Powell. Pulte alleges that Powell exhibited political bias and provided deceptive testimony to the Senate, specifically regarding the Federal Reserve's $2 billion headquarters renovation. Pulte has urged Congress to consider removal of Powell "for cause" based on these accusations. The call for investigation has been echoed by multiple federal housing regulators and has drawn attention amid ongoing scrutiny of Powell's leadership at the Federal Reserve.
Trump FHFA director calls for Jerome Powell investigation: 'Almost like he's trying to crash the economy'. https://t.co/5RSzYFfbXV
Trump FHFA director calls for Jerome Powell investigation: 'Almost like he's trying to crash the economy' | https://t.co/hZR6VC77qF @MorningsMaria @FoxBusiness
Former Fed Chair sends stern message on economy, Fed https://t.co/dOXp00fgqX