William Pulte, FHFA director and chairman of Fannie Mae and Freddie Mac, released a statement Tuesday accusing Powell of providing deceptive testimony to Congress and suggesting there may be grounds for his removal.

After continuous calls for Federal Reserve Board Chairman Jerome Powell to resign over the past week — at times asking, at times demanding — Federal Housing Finance Agency (FHFA) Director William J. Pulte has called for an investigation into the Fed leader.

The head of the Federal Housing Finance Agency claimed the Fed chair lied in his characterization of upgrades at the central bank's headquarters.