Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.

Federal Housing Finance Agency Director Bill Pulte on Wednesday called on Congress to investigate Federal Reserve Chairman Jerome Powell over his Senate testimony on the $2.5 billion renovation of the Fed building.

Fannie Mae Chairman and Director of the Federal Housing Finance Agency Bill Pulte released a statement calling on Congress to investigate Powell. Pulte suggested that Powell should vacate his role at the Fed because of multibillion-dollar plans to renovate the Federal Reserve building and comments to Congress regarding the upgrades.