๐จ Rumors: Is Fed Chair Jerome Powell planning to resign?
The head of the US Housing Finance Agency (FHFA) released a statement saying he supports reports that Jerome Powell may step down as Federal Reserve Chairman.
But hereโs the truth:
๐ Powell hasnโt confirmed anything
๐ The Federal Reserve has not responded
๐ These are still just rumors, not official news
For now, Powell is still in charge โ his term ends in May 2026.