"Fed rumor mill" mentions Powell's resignation report: First reaction is to ignore it Powell has made firm statements before

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12/07/2025
"Fed Whisperer" Nick Timiraos said on social media, when people ask me about various internet rumors, my first reaction is to ignore them. But for those who are genuinely curious about whether the Fed Chair will go back on his repeated promises, I will remember how Powell answered the "jumping ship" question six years ago. I included his response in my book because it was the most resolute statement: "Under no circumstances will I voluntarily leave this job before the end of my term. Absolutely not. You will not see me jump ship. I cannot imagine any circumstances where I would be unable to complete my term, unless I am dead."