Speculation is mounting that Federal Reserve Chair Jerome Powell may resign during an emergency meeting on Monday, according to market rumors reported by BlockBeats. These claims remain unverified, with no confirmation from the Federal Reserve or coverage by mainstream media. Powell is set to deliver a speech at 9:00 AM on Tuesday at a commemorative event, though the subject of his address has not been disclosed.
Amid these rumors, former President Trump has suggested he might soon appoint a new Fed chair, with Kevin Hassett, Director of the National Economic Council, being a potential candidate. Hassett refrained from commenting on these speculations during a Sunday interview on CBS's 'Face the Nation.'
Rumors of Fed Chair Powell's Resignation Emerge Ahead of Speech
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