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Real estate tycoon rips Fed Chair Powell for doing 'more damage' to housing market

Summary by Fox Business
As the U.S. continues to face challenges with its housing market, one real estate tycoon is pointing the finger at Fed Chair Jerome Powell for the industry’s downfall. Grant Cardone, the CEO of Cardone Capital, argued that Federal Reserve Chairman Jerome Powell "caused" the country’s "housing crisis" during his appearance on "Mornings with Maria" on Monday."He [Jerome Powell] has done more damage to the middle class and to housing in this countr…

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Fox Business broke the news in United States on Sunday, June 8, 2025.
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