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Trump: Federal Reserve Board Member Powell Must Resign Immediately

By: theblockbeats.news|2025/08/20 13:11:59

BlockBeats News, August 20th, Trump made a statement on Truth Social, saying, "Federal Reserve Board Member Powell must resign immediately!!!"


President Trump's staunch ally and Director of the Federal Housing Finance Agency, Bill Pulte, sent a letter to DOJ official Ed Martin on August 15th, implying that Federal Reserve Board Member Powell may have committed criminal offenses. According to a copy of the letter disclosed by Bloomberg, the letter accuses Powell of "falsifying bank documents and financial records to obtain more favorable loan terms, potentially violating criminal law constituting mortgage fraud."

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