US EditionDirector of federal agency suggests Fed Chairman Powell is considering resigning
- Federal Housing Finance Agency Director William Pulte said he is encouraged by reports that Federal Reserve Chair Jerome Powell is considering resigning, believing it would benefit the economy.
- President Trump has repeatedly criticized Powell for not lowering interest rates and has called for him to resign.
- The renovations to the Federal Reserve's headquarters have come under scrutiny, with costs ballooning to $2.5 billion, prompting calls for an investigation into Powell's actions.
- Despite pressure, a Fed spokesman noted that Powell intends to fulfill his term, which ends in May 2026.
28 Articles
28 Articles
New York Post
UpstractJerome Powell ‘considering resigning’ as pressure grows over lavish $2.5B HQ: report
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.
The president of the Federal Reserve, Jerome Powell, would be evaluating leaving office before the end of his term, as insinuated this Thursday by William Pulte, president of the Federal Housing Financing Agency. The possibility, although not officially confirmed, occurs in a context of growing political pressure led by President Donald Trump and officials close to his orbit.Read more]]>
ThePatriotLight - Federal Reserve Chair Jerome Powell considering resigning: report
ThePatriotLight - William J. Pulte, Chairman of the Board of Fannie Mae and Freddie Mac, released a statement responding to reports that Federal Reserve Chairman Jerome Powell is considering resigning. “I’m encouraged by reports that Jerome Powell is considering resigning,” Pulte said. “I think this will be the right decision for America, and the economy will boom.” His remarks reflect growing debate over the Federal Reserve’s leadership amid on…
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