Housing Officials and Politicians Criticize Fed's Rate Policies and Powell
TL;DR
Fannie Mae Chairman Bill Pulte sharply criticized Fed Chair Jerome Powell for holding interest rates steady, blaming this policy for exacerbating the housing supply crisis and urging Powell to resign, amidst ongoing economic slowdown and rising mortgage rates.
- Fannie Mae chief Pulte sends savage one-word message to Fed's Powell TheStreet
- Fannie, Freddie oversight chief to Powell: Cut rates or resign The Hill
- Trump's housing director rips the Fed, says the slow pace of rate cuts is fueling America's home-inventory problem Business Insider
- FHFA director calls for Fed Chair to resign: 'Powell is doing a great injustice to this Country' Fox Business
- Trump gets MAGA backup in his war against Fed's Jerome Powell Quartz
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