As reported by Coincu, rumors about Federal Reserve Chairman Jerome Powell's potential resignation have circulated on social media without official confirmation. The claims suggest an emergency meeting may be imminent, but neither the Federal Reserve nor the government has provided evidence to substantiate these reports. Powell is scheduled to speak on Tuesday, and potential successor names have been speculated. Market participants remain cautious, with prediction markets like Polymarket assigning a 12% probability to Powell's exit. Trump stated he does not plan to fire Powell before his term ends, while Kevin Hassett dismissed succession rumors as speculation. No significant on-chain or cryptocurrency price movements have been observed in response to the rumors.
Rumors Circulate About Fed Chair Powell's Resignation, No Confirmation
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