William Pulte, FHFA director and chairman of Fannie Mae and Freddie Mac, released a statement Tuesday accusing Powell of providing deceptive testimony to Congress and suggesting there may be grounds for his removal.

Bill Pulte, who leads the Federal Housing Finance Agency, called on Congress to investigate Federal Reserve Chair Jerome Powell, alleging that his recent testimony to the Senate about the central bank’s planned renovations to its headquarters was “deceptive.

Sarah Wolak is a mortgage reporter at HousingWire. Previously, she was a writer at National Mortgage Professional, where she produced podcasts, anchored news segments, and contributed to several trade publications. Her work has also appeared in Modern Luxury, Voice of America, and The Day Publishing Company. see full bio