FHFA Director Says Fed Chair Jerome Powell May Resign Amid Political Pressure.

FHFA Director Says Fed Chair Jerome Powell May Resign Amid Political Pressure

The Director of the Federal Housing Finance Agency (FHFA) has revealed that Federal Reserve Chair Jerome Powell is considering resignation, following mounting political pressure and criticism from President Trump.

Federal Reserve Chair Jerome Powell may be stepping down, according to a statement from FHFA Director Bill Pulte on Friday.

Pulte indicated that Powell is weighing resignation after months of public clashes with President Trump over monetary policy and recent scrutiny regarding the cost of renovations at the Federal Reserve’s headquarters.

Pulte commented, “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.”

The Federal Reserve has not yet commented on the situation, and neither Powell nor the White House has confirmed any plans for resignation.

The news has already caused uncertainty in financial markets, as investors await official statements and consider the potential implications for U.S. economic policy.

If Powell steps down, it would mark a significant leadership change at the central bank during a critical period for the economy.