President Donald Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the Federal Reserve chair misled lawmakers prove true, while deepening his personal attacks against the head of the central bank over interest rate policy.

President Trump again said Jerome Powell should resign immediately, repeating a call he made last week, and noted that 'it’s OK with me' if Congress investigates the Federal Reserve chairman.

Social media declaration comes after Federal Housing Finance Agency head accuses Fed chief of lying to lawmakers.