Head of Fan and Fred wants Powell out

[djd09]

they should bump it to 10 plus...lets see who will last

 

[djd09]

Fannie, Freddie Will Need Rules To Avoid 'Race To Bottom,' Housing Nonprofit Cautions​

Dallas-Fort Worth
June 17, 2025 | 1:29 p.m. ET Billy Wadsack, Dallas-Fort Worth



An affordable housing nonprofit is warning the precarious mortgages that sparked the 2008 global financial crisis could return if regulatory safeguards are not kept in place as Fannie Mae and Freddie Mac move away from conservatorship.

Fannie, Freddie Will Need Rules To Avoid 'Race To Bottom,' Housing Nonprofit Cautions

Not keeping regulations in place risks “a race to the bottom,” according to the National Housing Conference.

www.bisnow.com

dont worry they have already been bottom feeding with the unethical stakeholders....pulte is a massive let down

 

[Zoe]

It is just too early in this trade war for Powell to do much. Inflation is still high in some areas and lower in some areas. I have posted many times trade war is nasty. Give it til Christmas and let's see where things are.

The FED reserve bank has some of the best economist alive analyzing all kinds of data. Powell is just the figure head.

 

[Zoe]

This is where the data comes from that Powell depends on:

Federal Reserve System employment since 1915 | FRED Blog

fredblog.stlouisfed.org

Looks like around 21,000 plus employees. Many probably have doctorates in economics. Match that with artificial intelligence today and they tell Powell what to do. Powell don't tell them. Powell is the messenger.

You have heard the saying "don't shoot the messenger".

 

[djd09]

Fannie Mae chief Pulte sends savage one-word message to Fed's Powell​

The housing market expert didn't mince words.

https://www.thestreet.com/economy/fannie-mae-chief-pulte-sends-savage-one-word-message-to-feds-powell

someone needs to tell pulte the ship has sailed...so quit your squealing little piggy

 

[Mark K]

1/4 point will have basically no effect on the economy. The Fed constantly micromanaging the interest rates is the problem. They should have one meeting a year, make a change if necessary, and leave it alone for a year to see what happens. Maybe a provision for additional meetings in the event of a national disaster or war but otherwise, leave it the hell alone. They lowered them too fast, too low, for too long and they raised them too fast. The market is spoiled from the near 0% rate for far too long and now it claims it can't survive without the artificially low rates set by "helicopter Ben". BS.

 

[Terrel L. Shields]

a message to his masters.

The question is who are his masters? Or, does the Fed exist in a vacuum unrelated to the government itself.

 

[Bobby Bucks]

The question is who are his masters? Or, does the Fed exist in a vacuum unrelated to the government itself.

Grok, Claude and AI give a detailed answer, but one must sift through their lengthy reply.

 

[Mark K]

The question is who are his masters? Or, does the Fed exist in a vacuum unrelated to the government itself.

The Fed is supposed to be entirely independent of the political whims of the elected morons. They make decisions based entirely on economic factors based on data from the various Fed branches located across the country.

Agree with them or not, the system was set up for them to answer to no one.