William Pulte, a political appointee with little housing policy experience, is using his federal post and massive social media following to attack the Federal Reserve chief—and grab Trump’s attention.

The dollar index (DXY00) on Friday rose by +0.30%. The dollar rose Friday on comments made late Thursday from President Trump that firing Fed Chair Powell wasn’t necessary, easing concerns around the Fed’s independence that could spark foreign investors to shun dollar assets.

Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several more months of the president’s unprecedented,