President Trump just called for “Too Late” Federal Reserve Chair Jerome Powell’s immediate resignation.
He posted on Truth Social:
In his post, President Trump also linked to a Bloomberg article detailing some serious accusations from Federal Housing Finance Agency Director Bill Pulte.
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Pulte claims Powell should be investigating for lying before Congress last week.
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The Hill summed up the allegations:
Pulte said Powell lied to members of the panel when answering questions about renovations to the Fed’s Washington, D.C., headquarters.
When pressed by senators on the Fed’s alleged $2.5 billion renovation plan, Powell said some of the more fanciful inclusions were part of older plans and have since been scrapped. Other costs, such as repairing elevators that go directly to board members’ offices
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