Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.

Federal Reserve Chair Jerome Powell is facing calls for a congressional investigation from Federal Housing Finance Agency Bill Pulte, who said Wednesday that Powell misled lawmakers and showed political bias regarding the renovations to the central bank's headquarters in Washington,

President Donald Trump on Wednesday called for Federal Reserve Chair Jerome Powell to step down after the head of Fannie Mae and Freddie Mac demanded Congress launch an investigation into Powell’s recent testimony to lawmakers. “‘Too Late’ should resign immediately!!!” Trump wrote on Truth Social, using his nickname for Powell.