Top Source Claims Powell Could Resign, Markets Brace for Impact
Powell resignation rumors are intensifying right now as Federal Housing Finance Agency Director William Pulte claimed the Fed chair is considering stepping down. At the time of writing, the Powell resignation speculation sent markets tumbling, with the S&P 500 dropping 0.3% following Pulte’s statement about potential Powell resignation concerns. JUST IN: Director of Federal Housing Pulte says a "very credible" source told him Fed Chair Jerome Powell is considering resigning. — Watcher.Guru (@WatcherGuru) July 16, 2025 Also Read: US 50% Tariffs Start Aug 1: Lutnick Confirms Trump’s Trade Shift Trump Fed Chair Removal Pressure Mounts Source: CNBC Trump’s Fed chair removal efforts have escalated as the president demands Powell’s resignation. Also, his Fed chair removal campaigns have intensified with multiple administration officials joining the attack. Trump’s Fed chair removal pressure includes accusations of mismanagement and calls for congressional investi...