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律动BlockBeats
律动BlockBeats|Dec 01, 2025 00:50
[Rumors of Powell's Resignation Resurface? Scheduled to Speak This Tuesday Morning] BlockBeats News, December 1: According to market sources, a "short essay" circulating in overseas markets last night claimed that Federal Reserve Chairman Jerome Powell would announce his resignation at an emergency meeting held at 7 PM Eastern Time on Monday. However, this "rumor" has only been spreading on social media and has not been reported by mainstream media. There is no evidence from any official channels or the Federal Reserve itself to support this claim. This Tuesday at 9:00 AM, Federal Reserve Chairman Jerome Powell is scheduled to deliver a speech at a commemorative event, though the specific topic of the speech has not yet been disclosed. Notably, former President Donald Trump stated in a speech this morning, "I know who I want to appoint as the next Federal Reserve Chairman, and I will announce it very soon." Currently, White House National Economic Council Director Kevin Hassett is considered a leading candidate for the position of Federal Reserve Chairman. Last Sunday, during an appearance on CBS's "Face the Nation," Hassett declined to comment on whether he is the frontrunner to succeed Federal Reserve Chairman Powell. However, he referred to related reports by Bloomberg News as "rumors."
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Timeline

Dec 30, 19:45Some Federal Reserve officials are cautious about cutting interest rates.
Dec 22, 11:34FOMC members are unwilling to support a fourth consecutive rate cut.
Dec 19, 22:43Federal Reserve Governor Milan: Interest rates should be lowered to address risks in the job market
Dec 19, 19:31Inflation indicators lag behind rent inflation
Dec 19, 13:52Federal Reserve's Williams discusses distortion in November CPI data
Dec 17, 14:07Chairman of the Senate Banking Committee meets with crypto industry leaders
Dec 16, 14:57Analysis of U.S. November Non-Farm Payroll Data
Dec 16, 04:07Walsh becomes a top candidate for Federal Reserve Chair.
Dec 15, 15:32It is crucial for the Federal Reserve to bring the inflation rate back to 2%.
Dec 15, 07:24Shift in the Power Axis of U.S. Economic Policy

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