Jerome Powell resignation 2025 reports drew public praise from William J. Pulte, Chairman of Fannie Mae and Freddie Mac. Pulte says Powell stepping down would help the U.S. economy.
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Jerome Powell Resignation 2025: Fannie Mae-Freddie Mac Chair William Pulte Welcomes Reports
Jerome Powell resignation 2025 speculation gained momentum after an official statement from William J. Pulte, Chairman of the Board for Fannie Mae and Freddie Mac, supported the idea of Powell stepping down.
In a brief but clear comment released by the Federal Housing Finance Agency (FHFA) on July 11, Pulte said:
“I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom.”
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Rare Public Statement from a Housing Finance Leader
This is one of the first direct responses from a federal housing authority figure amid ongoing calls for Powell’s resignation. Though Powell hasn’t confirmed he’ll leave, recent pressure from political figures, including former President Donald Trump, has intensified.
The FHFA oversees nearly $8.5 trillion in mortgage-backed funding through its supervision of Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks.
Economic Backdrop & Fed Tensions
Powell has faced mounting criticism over rate policy, inflation risks, and the Fed’s communication with Congress. The statement from Pulte aligns with voices who believe a leadership change at the Federal Reserve could stimulate economic confidence.
About FHFA & Pulte’s Role
William J. Pulte serves as the current Chair of both Fannie Mae and Freddie Mac, two government-sponsored entities critical to the U.S. housing market. His statement marks a rare instance where a GSE board leader weighs in on monetary leadership.
The FHFA emphasized that Pulte’s views came in response to news reports, not a confirmed resignation.
What Happens Next?
While Powell has not publicly indicated a decision, the chorus of high-profile voices, including Pulte’s, signals that changes could be coming at the central bank. Analysts expect more clarity by late summer.
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