FHFA Director suggests that Fed Chair Powell may be considering resigning

Bill Pulte, the Trump-selected Director of the Federal Housing Finance Agency and former chairman of Fannie May and Freddie Mac, nodded to entirely-uncomfirmed reports that Federal Reserve (Fed) Chair Jerome Powell may be considering resigning from his post as the head of the Fed.

Fed head rumored to be out, but no solid sources exist

Bill Pulte stated, "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."

Pulte is an ardent Donald Trump supporter and believes that President Trump should have the authority to control the Fed's interest rate-setting policies directly.

Rumors that Fed Chair Powell may be resigning from his post remain completely unconfirmed at this time.

Jul 11, 2025

Fed's Goolsbee warns that new tariff threats could hamper rate cut hopes

In an interview with the Wall Street Journal, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned that ongoing trade policy at the hands of Trump's constant tariff threats could hamper the ability of the Fed to deliver interest rate cuts that both the broader market and Donald Tru

USD/CHF Price Forecast: Holds firm below 0.8000 on US Dollar demand

The USD/CHF consolidates during the North American session, is flat below the 0.8000 figure, poised to finish the week with 0.36% gains. A risk-off mood bolstered the Greenback, which so far has recovered some ground during the current week.