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Suspected fake Powell resignation letter spread on social media

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2025-07-22 19:13:17
Not long ago, a so-called "resignation letter from Federal Reserve Chairperson Powell" circulated on the social media platform "X", which read "Powell has decided to resign as chairperson of the Federal Reserve, effective July 22". US financial media reporters quoted sources as saying that Powell's resignation letter circulated on some MAGA accounts was fake. Some netizens also pointed out that the traces of the letter being forged with AI are obvious, especially the seal of the Federal Reserve. Pulte, the director of the Federal Housing Finance Agency, said: "I believe Powell will resign soon, but today is not that day." As of press time, there were no major fluctuations in the gold and silver exchange market.
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