Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»FHFA director calls for Fed Chair to resign: ‘Powell is doing a great injustice to this Country’
Business

FHFA director calls for Fed Chair to resign: ‘Powell is doing a great injustice to this Country’

Buddy DoyleBy Buddy DoyleJune 20, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
FHFA director calls for Fed Chair to resign: ‘Powell is doing a great injustice to this Country’
Share
Facebook Twitter LinkedIn Pinterest Email

U.S. Federal Housing Finance Agency Director William Pulte is calling for Federal Reserve System board of governors chair Jerome Powell to resign.

“Because President Trump has crushed inflation, Fed Chairman Jerome Powell needs to lower interest rates today, and if not Chairman Powell needs to resign, immediately. Fannie Mae and Freddie Mac can help so many more Americans if Chair Powell will just do his job and lower rates,” Pulte declared Wednesday afternoon in a post on X.

Pulte and President Donald Trump have both been calling for interest rate cuts.

FEDERAL RESERVE LEAVES KEY INTEREST RATE UNCHANGED FOR FOURTH STRAIGHT MEETING

But their calls once again went unheeded this week as a statement issued on Wednesday noted that the Federal Open Market Committee opted “to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent.”

Trump, a vociferous critic of the Fed chair, continued hammering Powell.

“Too Late—Powell is the WORST. A real dummy, who’s costing America $Billions!” Trump declared in a Wednesday night Truth Social post.

Trump and Pulte continued to wage their anti-Powell, pro-rate-cutting crusade on Thursday.

“‘Too Late’ Jerome Powell is costing our Country Hundreds of Billions of Dollars. He is truly one of the dumbest, and most destructive, people in Government, and the Fed Board is complicit,” Trump asserted in a Thursday morning Truth Social post, labeling the Fed chair “an American Disgrace!”

TRUMP-NOMINATED FHFA DIRECTOR PRESSES FOR FED CHAIR POWELL TO CUT INTEREST RATES: ‘ENOUGH IS ENOUGH’

U.S. Federal Housing FHFA direcor William Pulte

Pulte pelted Powell with criticism, continuing to advocate for his resignation.

“I am calling for Federal Reserve Chairman, Jay Powell, to resign,” he declared in a post on X.

“It is so totally reckless to keep rates where they are at. Mortgage rates were 3% and went to 7%. This is crazy. This crushed affordability. Inflation is down. Mortgage rates, and interest rates, need to come down. Jerome Powell is doing a great injustice to this Country,” Pulte declared in another post. 

He asserted in another X posting that “Jerome Powell is a main reason for the Housing Supply Crisis in this Country. By improperly keeping interest rates high, Jerome Powell is trapping homeowners in low-rate mortgages and choking off existing home sales—directly fueling the housing supply crisis. He must lower rates.”

But while Trump and Pulte are clamoring for rate cuts, economic and political commentator Peter Schiff thinks “interest rates are too low.”

WHO COULD REPLACE FED CHAIR POWELL? THESE ARE THE TOP CONTENDERS

“Rates are not high. They are still too low. Look at all the consumer and government borrowing. Look how low the savings rate is. Look at the price of gold. Those are sure signs that interest rates are too low,” Schiff, Euro Pacific Asset Management chief economist and global strategist, said in a post on X.

Schiff was responding to Pulte, who had claimed that “there is no legitimate factual basis to keep rates high.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleVance to meet with federal law enforcement, Marines in LA amid anti-ICE riots
Next Article Vortex Optics’ “Defender Tan” Lineup

Related Articles

Chilling clues in Amazon reviews: Fox Nation probes serial killer’s sinister trail

Chilling clues in Amazon reviews: Fox Nation probes serial killer’s sinister trail

July 1, 2025
Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?

Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?

July 1, 2025
Lottery company sent inaccurate notifications of massive winnings to ‘thousands’

Lottery company sent inaccurate notifications of massive winnings to ‘thousands’

July 1, 2025
Nvidia insiders dump more than  billion in stock: report

Nvidia insiders dump more than $1 billion in stock: report

July 1, 2025
WWE Night of Champions in Saudi Arabia hits viewership milestone

WWE Night of Champions in Saudi Arabia hits viewership milestone

June 30, 2025
Tisha Alyn aims to ‘create a new era of women’s golf’ with her brand

Tisha Alyn aims to ‘create a new era of women’s golf’ with her brand

June 30, 2025
Experts say Medicaid changes in ‘big, beautiful bill’ are ‘common sense’ for healthcare policy

Experts say Medicaid changes in ‘big, beautiful bill’ are ‘common sense’ for healthcare policy

June 30, 2025
Costco quietly unveils a major perk that has shoppers racing to upgrade memberships

Costco quietly unveils a major perk that has shoppers racing to upgrade memberships

June 30, 2025
Mamdani’s public grocery stores may have devastating effects on city’s food supply

Mamdani’s public grocery stores may have devastating effects on city’s food supply

June 30, 2025
Don't Miss
TOP 10 BEST TACTICAL BELTS & GUN BELTS 2021

TOP 10 BEST TACTICAL BELTS & GUN BELTS 2021

Best and worst breads for your health, according to nutrition experts

Best and worst breads for your health, according to nutrition experts

Attorney General Pam Bondi warns ICEBlock app developer to ‘watch out,’ says DOJ is ‘looking at him’

Attorney General Pam Bondi warns ICEBlock app developer to ‘watch out,’ says DOJ is ‘looking at him’

Top 10 Best Crossbow Scopes For The Money

Top 10 Best Crossbow Scopes For The Money

Latest News
Get These 5 Handguns This 2025 Before They’re Completely Off-Shelf!

Get These 5 Handguns This 2025 Before They’re Completely Off-Shelf!

July 1, 2025
TOP 10 BEST BENCHMADE KNIVES 2021

TOP 10 BEST BENCHMADE KNIVES 2021

July 1, 2025
Trump’s achievements embolden him to be even more aggressive

Trump’s achievements embolden him to be even more aggressive

July 1, 2025
TOP 10 BEST SURVIVAL SHOVEL MULTI-TOOLS 2021

TOP 10 BEST SURVIVAL SHOVEL MULTI-TOOLS 2021

July 1, 2025
Trump warns of ‘whopping 68% tax increase’ if Senate fails to pass historic bill

Trump warns of ‘whopping 68% tax increase’ if Senate fails to pass historic bill

July 1, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.