
Nick Timiraos|Jul 12, 2025 00:38
When people ask me about various internet rumormongering, my first instinct is to ignore it in the same way the TV cameras don't show the streaker running on the field at Yankee Stadium.
But for people who really do wonder about whether the Fed chair would do the opposite of what he keeps saying he will do (which is to serve out his term as chair, now just 10 months to go), I reflect on how Powell answered question about getting in the life raft six years ago.
I included that answer in my book because it doesn't get any more absolute:
“I will never, ever, ever leave this job voluntarily until my term ends under any circumstances. None whatsoever. You will not see me getting in the lifeboat.”
“It doesn’t occur to me in the slightest that there would be any situation in which I would not complete my term other than dying.”
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