Director of Federal Housing Pulte says a "very credible" source told him Fed Chair Jerome Powell is considering resigning.

The claim that Bill Pulte, Director of the Federal Housing Finance Agency (FHFA), said a "very credible" source told him that Fed Chair Jerome Powell is considering resigning is largely supported by multiple reports. Pulte has made public statements indicating he believes Powell may be contemplating resignation amid criticism and pressure on his leadership. For example, an official FHFA statement from Pulte expressed encouragement about reports of Powell's potential resignation, calling it the right decision for the economy.

Additionally, Fox Business and other outlets reported Pulte suggesting Powell is considering stepping down.foxbusiness.comfoxbusiness.comDirector of FHFA, Bill Pulte, suggests Jerome Powell is considering resigning However, the exact phrase "very credible source" is not directly quoted in the available sources; rather, Pulte references reports or rumors without specifying the source's identity or credibility level. The context includes ongoing criticism from Pulte and others regarding Powell's policies and testimony, which may influence the framing of these statements.

While Pulte's statements indicate he believes resignation is being considered, there is no direct confirmation from Powell or official Fed channels. Therefore, the claim is mostly true in that Pulte has publicly suggested Powell might resign based on reports but lacks direct evidence of a named "very credible source."