A senior Trump administration official said Friday that Fed Chair Jerome Powell is “considering resigning” as pressure grows for an investigation into whether he lied to Congress about the central bank’s “Palace of Versailles” renovations to its headquarters in Washington, DC.

Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair Jerome Powell.

Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should resign immediately” if the investigation proves he misled

The director of the Federal Housing Finance Agency accused the Federal Reserve chair of lying to Congress in testimony about office renovations.

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.

FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President Trump.