Federal Housing Director Bill Pulte has stirred waves across financial and crypto communities after suggesting that Federal Reserve Chair Jerome Powell’s resignation speech is “coming soon.” This bold claim, made publicly, comes at a time of intense political pressure, increased criticism over monetary policy, and ongoing debates about the Fed’s role in shaping the future of digital assets like Bitcoin and Ethereum.
While no official confirmation has come from the Federal Reserve, Pulte’s comment is fueling speculation that Powell might be stepping down due to mounting tensions with Congress and the White House especially amid allegations that the Fed has been stonewalling crypto innovation in the banking sector.
If Powell resigns, it could mark a major turning point for the U.S. financial system potentially opening the door to a more crypto-friendly regulatory environment. Markets are watching closely, as the leadership shakeup could impact interest rate decisions, inflation strategies, and how the U.S. embraces blockchain technology moving forward.
