“Fannie Mae Chairman calls for Powell’s resignation as middle class crushed and housing market plummets”
Jerome Powell resignation, housing market decline, Fannie Mae chairman criticism
—————–

The tweet by Grant Cardone highlights his frustration with Federal Reserve Chairman Jerome Powell and his impact on the American middle class. Cardone argues that Powell’s decisions have led to increased mortgage costs, decreased housing supply, and lowered home prices. He believes that Powell should resign to prevent further damage to the housing market in America.

Cardone’s tweet reflects a common sentiment among many Americans who feel the effects of Powell’s policies on their daily lives. The Federal Reserve plays a crucial role in shaping the country’s economic landscape, and its decisions can have far-reaching consequences.

One of the main points Cardone makes is that Powell’s actions have had a negative impact on the American middle class. By raising mortgage costs threefold, Powell has made it more difficult for middle-class families to afford homes. This, in turn, has led to a decrease in housing supply and a decline in home prices. As a result, many Americans are struggling to achieve the dream of homeownership.

Cardone’s call for Powell’s resignation is a bold statement that reflects the frustration felt by many who believe that the Federal Reserve Chairman’s policies are hurting rather than helping the economy. While Powell’s decisions are based on complex economic factors, Cardone and others argue that they are having a detrimental effect on the housing market and, by extension, the American middle class.

It is important to note that Cardone is not alone in his criticism of Powell. Many economists, analysts, and politicians have raised concerns about the Federal Reserve’s policies and their impact on the economy. The debate over Powell’s leadership and the future direction of the Federal Reserve is likely to continue as the country grapples with economic challenges.

In conclusion, Grant Cardone’s tweet sheds light on the frustrations felt by many Americans regarding Federal Reserve Chairman Jerome Powell’s impact on the housing market and the American middle class. Cardone’s call for Powell’s resignation reflects a broader concern about the direction of the economy and the role of the Federal Reserve in shaping it. As the debate continues, it is clear that the decisions made by Powell and the Federal Reserve will have a lasting impact on the lives of many Americans.

Powell has crushed the American Middle Class. When rates come down, housing supply will increase & home prices will decline. The FED 3X’d mortgage cost & killed housing in America. Chairman of Fannie @pulte says,

Jerome Powell should resign now!” And he’s right hit. Trump… pic.twitter.com/pI0W9fZVZj

— Grant Cardone (@GrantCardone) June 19, 2025

The American Middle Class has been facing a tough time due to the actions of Federal Reserve Chairman Jerome Powell. Powell’s decisions have had a significant impact on the housing market, leading to a decline in home prices and an increase in housing supply. This has caused a ripple effect that has affected many families across the country.

According to a tweet by Grant Cardone, Powell’s policies have 3X’d mortgage costs, making it difficult for many Americans to afford a home. This has not only affected homeowners but has also had a negative impact on the overall economy. The housing market plays a crucial role in the economy, and any disruptions can have far-reaching consequences.

Chairman of Fannie Mae, @pulte, has also expressed his concerns about Powell’s actions. He believes that Powell should resign immediately to prevent further damage to the housing market. Many people share this sentiment and believe that a change in leadership is necessary to turn things around.

President trump has also been vocal about his dissatisfaction with Powell’s handling of the economy. He has called for reforms and changes to be made to address the issues that have arisen under Powell’s leadership. The President’s concerns reflect the widespread frustration felt by many Americans who have been impacted by the housing crisis.

It is clear that Powell’s decisions have had a negative impact on the American Middle Class. The increase in mortgage costs and the decline in home prices have made it challenging for many families to achieve the American dream of homeownership. This has only exacerbated the existing inequalities in society and has left many people struggling to make ends meet.

As we look towards the future, it is essential that we address the root causes of the housing crisis and work towards finding solutions that will benefit all Americans. This may involve changes in leadership, policy reforms, and a focus on creating a more equitable housing market for everyone.

In conclusion, Powell’s actions have had a detrimental impact on the American Middle Class. It is crucial that we address these issues and work towards finding solutions that will help families across the country. By coming together and demanding change, we can create a better future for all Americans. Let’s hold our leaders accountable and work towards building a more inclusive and prosperous society for everyone.

Source:
– https://twitter.com/GrantCardone/status/1935757937617912036?ref_src=twsrc%5Etfw
– https://twitter.com/pulte?ref_src=twsrc%5Etfw