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Director of federal agency suggests Fed Chairman Powell is considering resigning

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1 month ago

A Trump administration official on Friday suggested that Federal Reserve Chair Jerome Powell is reportedly considering resigning.Federal Housing Finance Agency Director Bill Pulte – a vocal critic of Powell who has backed President Donald Trump's efforts to pressure the central bank into interest rate cuts – released a statement on X and the agency's website alluding to unspecified reports that Powell will resign."I'm encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom," Pulte said.It's unclear where...

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1 month ago
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