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"Fed mouthpiece" mentions Powell's resignation report: The first reaction is to ignore it. Powell has made a firm statement.

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Odaily
464Words
Jul 12, 2025

"Federal Reserve mouthpiece" Nick Timiraos said on social media that when people ask me about various online rumors, my first reaction is to ignore them. But for those who are genuinely curious about whether the Federal Reserve Chairman will go against his repeated promises (that is, to complete his term as Chairman, which has only 10 months left), I would recall how Powell answered the question about "jumping into a lifeboat" six years ago. The reason I included his answer in my book is because that was the firmest statement ever: "Under no circumstances would I ever voluntarily leave this job before the end of my term. Absolutely not. You won't see me jumping into a lifeboat. I can't imagine any situation that would prevent me from completing my term, unless I die." (Golden Ten) [Odaily Planet Daily]

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