FHFA’s Pulte has issue with Powell’s take on Fed housing role

Housing regulator Bill Pulte showed new frustration with Federal Reserve Chairman Jerome Powell and the latest decision to keep short-term rates unchanged on Wednesday, adding to pressure President Trump has been putting on the monetary policymaker to lower them.

This time Pulte used his social media account on X to take issue with the way Powell explained the distinction between the rates he oversees and those for home loans, indicating the role the Fed can play in housing has limits.

Pulte, director of U.S. Federal Housing,  indicated he saw comments made during Wednesday’s press conference as indicating that Powell was downplaying a significant role the Fed has in residential real estate. (USFH is the branding Pulte uses for the Federal Housing Finance Agency, which is the oversight…