FHFA Director Pulte calls for Federal Reserve Chairman Jerome Powell to step down
Bill Parte, director of the Federal Housing and Finance Agency, calls for Jerome Powell to step down, responding to Fannie Mae and Freddie Mac, potentially publicly available and considering a New York real estate transaction investigation.
William Prute, director of federal housing finance agency, is looking for Federal Reserve System Jerome Powell, chairman of the Systems Governor’s Committee, resigns;
“Speaker Jerome Powell needs to lower interest rates today as President Trump crushed inflation, and if Chairman Powell needs to resign, he will need to resign immediately. Fannie Mae and Freddie Mac can help even more Americans if Chairman Powell does his job and gives him a lower interest rate.”
Pulte and the President Donald Trump Both are seeking interest rate reductions.
The Federal Reserve will not change important interest rates for the fourth meeting
Federal Reserve Chairman Jerome Powell will hold a press conference following the Federal Open Market Committee meeting held in Washington, DC on June 18, 2025. (Get McNamee/Getty Images)
However, their call was ignored again this week statement The issue was issued Wednesday, saying the Federal Open Market Committee chose “to maintain the target range for federal funds between 4-1/4 to 4-1/2%.”
Trump, a loud critic of the Fed chair, continued hamm Powell.
“Too late – Powell is the worst. A real dummy that costs America billions of dollars!” Trump declared in True Society on Wednesday Night post.
Trump and Porto continued their pro-cut crusades on Thursday.
“Jerome Powell is sacrificing hundreds of billions of dollars to our country. He’s one of those really stupid and destructive government people, and the Fed Committee is conspiring,” Trump argued in True Society on Thursday morning. postlabels the Fed chairs “American disgrace!”
FHFA Director William Plute (fhfa.gov)
Pulte gave criticism to Powell and continued to defend his resignation.
“I am asking Federal Reserve Chairman Jay Powell to step down,” he declared. post x.
“It’s very reckless to keep the fees where they are. The mortgage rate is 3%, it’s now 7%. This is crazy. This crushed and affordable price. The inflation rate is declining. The mortgage rate and interest rates need to go down. post.
He insisted on another person xPost “Jerome Powell is the main reason for the country’s housing supply crisis: By inappropriately maintaining interest rates, Jerome Powell is locking homeowners into low-cost mortgages and suffocating existing home sales.
But while Trump and Porto are seeking interest rate cuts, economic and political commentator Peter Schiff believes that the interest rates are “too low.”
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Federal Reserve Chairman Jerome Powell speaks after the central bank’s June interest rate decision.
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“The prices aren’t high. They’re still too low. Look at all the consumers and government borrowings. Look at how low the savings rate is. Look at gold prices. These are indications that interest rates are too low. post x.
Schiff responded to Pulte, who claimed “there is no legitimate de facto basis for keeping the fees high.”