Jerome Powell, Fed Chair
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Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator
A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal Reserve, had quit on Tuesday. The senator tweeted and deleted the fake letter from his personal “basedmikelee” account, which staffers have confirmed that Lee operates directly.
Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on inflation.
UT, posted and deleted a potentially AI-generated letter concerning the Fed chief. Meanwhile, a White House rep confirmed he’ll visit the central bank renovation site Thursday.
Trump World was roiled momentarily Tuesday after a fake resignation letter purportedly penned by Federal Reserve Chair Jerome Powell started to make the rounds of high-profile MAGA social media
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Former Commerce Secretary Wilbur Ross believes that President Donald Trump attempting to unseat Federal Reserve Chair Jerome Powell would result in a lengthy legal battle and few benefits for the president.
In a social media post, Ray Dalio outlined that he believes the disagreement between Donald Trump and Federal Reserve Chair Jerome Powell centers around the value of money, with the US president advocating for lower real interest rates and devaluation.
The war between the Trump administration and Fed Chair Jerome Powell has ratcheted up, with a top Trump ally in Congress referring Powell to the Department of Justice for criminal charges. Representative Anna Paulina Luna,
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
The White House is casting a wider net in its search for a replacement for Federal Reserve Chair Jerome Powell than is commonly thought, according to Treasury Secretary Scott Bessent.