Trump found a new route to pressure Powell to resign."
Internet reports that Pulte, Administrator of the Federal Housing Finance Agency (FHFA), called on Congress to investigate Federal Reserve Chairman Powell, calling his recent testimony in the Senate about the Federal Reserve's headquarters renovation plan "deceptive." Pulte said: "I ask Congress to investigate Powell for his political bias and deceptive Senate testimony-which would constitute 'justifiable reasons' for removing him." Pulte's report on the incident was forwarded by Trump and said Powell should resign immediately. Previous media reports said that the cost of the Federal Reserve headquarters renovation project continues to rise and includes a number of luxury designs. At a Senate hearing last week, Powell refuted parts of the report, saying it was "misleading and untrue in many respects."
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