Bill Pulte: ‘Encouraged’ By Reports Fed Chair Stepping Down

Fannie Mae and Freddie Mac Director Bill Pulte says he’s “encouraged” by reports he says he’s seen that embattled Federal Reserve Chairman Jerome Powell is considering stepping down. 

However, in a statement made on his government page, Pulte didn’t specify which reports he’s talking about, and Powell has often said he will not resign his post, reports The Hill on Saturday.

“I’m encouraged by reports that Jerome Powell is considering resigning,” Pulte, who heads the Federal Housing Finance Agency, said in the statement, posted Friday. “I think this will be the right decision for America, and the economy will boom.”

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