One gathers, from the agitated twitterings of the digital rabble, that a most curious rumour has been circulating. Apparently, Mr. Jerome Powell, the gentleman currently presiding over the American financial arrangements â a role one imagines is fraught with tedious paperwork and the occasional fright â has tendered his resignation. The whole affair smacks, naturally, of vulgar sensationalism, but one must investigate these things. It began, predictably, with a Senator.
Is this a genuine political upheaval, or merely another triumph for the age of misinformation? One is inclined, frankly, to suspect the latter.
Let us proceed with a degree of detached amusement.
The Genesis of the Fuss
The unpleasantness commenced on July 22nd, 2025, when Senator Mike Lee, a man whose judgment one trusts approximately as far as one can throw a particularly stubborn mule, published an image on that frightful platform, X. The image in question purported to be a letter of resignation from Mr. Powell. âPowellâs out!â proclaimed the Senator, with the breathless enthusiasm of a schoolboy revealing heâs smuggled sweets into chapel. It swiftly proliferated, before being hastily deleted â a telling detail, donât you think? â and preserved for posterity by a journalist named Jordain Carney.
A Forgery, Naturally
The document itself, upon closer inspection (and one shudders to think what Mr. Powellâs stationery bill must be), proved to be a rather pathetic fabrication. The âofficialâ stamp resembled a childâs attempt at hieroglyphics, the grammar wasâŠsuboptimal, and the general tone suggested the work of either an artificial intelligence gone rogue or a particularly bored prankster with access to a word processor. Experts â one presumes these exist â confirmed this judgment. Thereâs been no word, naturally, from the Federal Reserve itself, or from Mr. Powell, who is presumably occupied with more pressing matters, such as avoiding further ridiculous rumours.
Senator Lee, after a suitable period of prevarication, conceded he couldnât vouch for the letterâs authenticity. One imagines his embarrassment is acute.
The Roots of Discontent
It appears Mr. Powell has attracted a degree of politicalâŠdispleasure. Certain figures, notably a former President who shall remain nameless (though his complexion is reliably orangey), have expressed dissatisfaction with his manipulations of interest rates and a building project of, shall we say, considerable ambition. Such is the fate of all who attempt to manage the modern economy.
However, Mr. Powell remains in post, and there is no legitimate reason for his premature departure. A Mr. Bill Pulte, a gentleman who appears to hold a dim view of Mr. Powell, contributed to the hysteria by whispering of imminent resignation to âreliable sourcesâ. One hopes these sources werenât found at the bottom of a gin bottle. Further muddying the waters, the Polymarket (a place best avoided by anyone with a functioning nervous system) saw a minor dip in wagers on Mr. Powell’s removal.
A Table of Pertinent (and Slightly Amusing) Facts – Courtesy of Coinpedia
| Claim | Coinpediaâs Evidence |
| Jerome Powell has resigned as Fed Chair | Absolutely not. The man is still at his desk, one presumes. |
| Senator Lee posted a genuine resignation letter | A forgery of the most abysmal quality. |
| Powell is being pressured to leave | Thereâs always someone complaining. Itâs the nature of the beast. |
The Verdict
| Claim | Jerome Powell resigned as Fed Chair. |
| Verdict | False. Utterly, completely, and demonstrably false. |
| Fact-Check by Coinpedia | To reiterate, there exists no credible evidence â beyond the feverish imaginings of a politician and the lamentable gullibility of the internet â to suggest that Mr. Powell has resigned. The âresignation letterâ is a sham. This entire episode serves as a rather pointed reminder to exercise a modicum of skepticism and consult reputable sources. đ§ |
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2025-07-23 09:38