US EditionUS housing finance chief tells Powell to lower interest rates
- FHFA Director Bill Pulte publicly called on Federal Reserve Chair Jerome Powell to lower interest rates in a personal X post in May 2025.
- Pulte’s call follows President Trump’s ongoing criticism of Powell’s monetary policy and reflects rare open disagreement between federal regulators and the Fed chair.
- Pulte announced plans to visit Fannie Mae and Freddie Mac offices, stating the housing market would improve if Powell reduced rates, despite the Fed not setting mortgage rates directly.
- Pulte expressed frustration with the Fed's pace, insisting that Chairman Powell should reduce interest rates now, arguing that inflation is under control and that further delays—potentially until September or later—are unwarranted.
- The Fed’s latest statement noted increased economic uncertainty and risks on inflation and unemployment, indicating that rate cuts remain unlikely soon despite calls from officials like Pulte.
9 Articles
9 Articles
Fox Business
CUInsightTrump-nominated FHFA director presses for Fed chair Powell to cut interest rates: 'Enough is enough'
Federal Housing Finance Agency Director William Pulte, like President Donald Trump who tapped him for the role, is pushing for Federal Reserve chair Jerome Powell to cut interest rates."Jay Powell needs to lower interest rates – enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing market would be in much better shape if Chairman Powell does this," Pulte declared Monday in a post …
Federal Housing Finance Chief Calls On Powell To Lower Interest Rates: 'The Housing Market Would Be In Much Better Shape'
Federal Housing Finance Agency (FHFA) Director William Pulte urged Federal Reserve Chair Jerome Powell to reinstate the central bank's interest rate cuts.
US housing finance chief tells Powell to lower interest rates
The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome Powell that it’s time to resume the central bank’s interest rate cuts. FHFA Director William Pulte took a page out of President Trump’s playbook in putting political pressure on the Fed to lower rates. “Jay…
FHFA Head Urges Lower Rates to Boost Affordability - The MortgagePoint
Federal Housing Finance Agency (FHFA) Director William J. Pulte has taken to the social media platform X to call for a reduction in the federal funds interest rate, calling out Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System. “Jay Powell needs to lower interest rates—enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing market would be in much better sha…
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