The head of the US Financial Services Bureau responds to rumors that Powell plans to resign: It will be the right decision
2025-07-11 19:55:13
On July 12, local time on Friday, Pulte, the director of the Federal Housing Finance Agency, issued a statement on the rumors that Federal Reserve Chairperson Jerome Powell is considering resigning, saying, "I am encouraged by the reports that Jerome Powell is considering resigning. I think this will be the right decision for the United States and the economy will prosper as a result." Analyst Adam Button said, "This is an odd statement because it indicates that there are reports that Powell is considering resigning, but I can't find any reports. What's more puzzling is that Pulte has been posting on social media for a long time that Powell should resign, and even gave advance notice of this statement - even though the so-called'reports' cited in the statement itself cannot be verified at all. It is not yet possible to determine its true intentions, but it is worth noting that financial marekt does not seem to respond to this. "
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