Fannie Mae and Freddie Mac Chairman William J. Pulte Responds to Reports of Powell Resignation: The Right Decision for America

WASHINGTON, D.C. (July 11, 2025) — William J. Pulte, Chairman of the Board of Fannie Mae and Freddie Mac, weighed in Friday on unconfirmed reports that Federal Reserve Chair Jerome Powell is considering resigning, saying he believes it would be a positive step for the U.S. economy.

“I’m encouraged by reports that Jerome Powell is considering resigning,” Pulte said in a public statement. “I think this will be the right decision for America, and the economy will boom.”

Pulte’s remarks come amid swirling speculation after a previous unsourced statement from FHFA Director Bill Pulte (a relative) sparked headlines regarding Powell’s future at the Fed. As of now, there has been no official confirmation from Powell or the Federal Reserve about any intention to resign.

The unusual public commentary from a prominent housing finance figure has drawn attention, as Powell remains a central figure in U.S. monetary policy amid ongoing debates over inflation, interest rates, and economic growth.

Financial analysts warn that such statements, especially without verification, could create unnecessary volatility and confusion in already sensitive markets.

No comment has been issued from the White House or the Federal Reserve. More updates are expected as the story develops.