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Fannie, Freddie chief urges Congress to investigate Powell
- William Pulte has called for Congress to investigate Jerome Powell over alleged deceptive statements regarding the $2.5 billion renovations at the Federal Reserve's headquarters in Washington, D.C.
- Pulte claimed that Powell's testimony during a Senate Banking Committee hearing was misleading and suggested it could lead to his removal from office.
- Jerome Powell denied accusations of extravagant spending on the renovations, stating, 'There's no VIP dining room; there's no new marble.'
- The Federal Reserve has faced criticism over significant losses, totaling $233 billion over the past three years, amid rising costs associated with the renovation project.
20 Articles
20 Articles
'Malfeasance!' Trump official demands Congress investigate Jerome Powell
President Donald Trump's head of the Federal Housing Finance Agency wants to see Congress investigate Federal Reserve Chairman Jerome Powell, claiming he "lied" in his comments about upgrades to the central bank's headquarters. Bill Pulte alleged that when Powell testified to Congress last week, he ...
Fannie, Freddie chief urges Congress to investigate Powell
The overseer of Fannie Mae and Freddie Mac called Wednesday for Congress to investigate Federal Reserve Chair Jerome Powell, accusing the central bank chief of lying to Congress. In a Wednesday statement, Federal Housing Finance Agency (FHFA) Director Bill Pulte accused Powell of lying to lawmakers during testimony before the Senate Banking Committee last week.…
Housing Finance Chief Calls for Investigation Into Fed's Powell
Fed’s Powell Should Be Investigated by Congress, FHFA Head Says
Bill Pulte, who leads the Federal Housing Finance Agency, called on Congress to investigate Federal Reserve Chair Jerome Powell, alleging that his recent testimony to the Senate about the central bank’s planned renovations to its headquarters was “deceptive.”
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- 40% of the sources are Center, 40% of the sources lean Right
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