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

After continuous calls for Federal Reserve Board Chairman Jerome Powell to resign over the past week — at times asking, at times demanding — Federal Housing Finance Agency (FHFA) Director William J. Pulte has called for an investigation into the Fed leader.

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,