The suspected fake resignation letter of Powell is circulating on social media.
Not long ago, there was a circulating letter on the social media platform "X" claiming to be a "resignation letter from Federal Reserve Chairman Powell", stating that "Powell has decided to resign as Chairman of the Federal Reserve, effective from July 22nd". According to a journalist from a US financial media outlet, sources have said that the resignation letter circulating on some MAGA accounts is fake. Some netizens also pointed out that the letter shows obvious signs of being forged by AI, especially the Federal Reserve's seal. The Director of the US Federal Housing Finance Agency, Pulte, said: "I believe Powell will resign soon, but today is not that day." As of the time of publication, there have been no significant fluctuations in the gold and silver markets.
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