Fact-check analysisVerified as of July 11, 2025Curated by FactVerify
False

Federal Reserve Chair Jerome Powell reportedly considers resigning.

There is no credible evidence that Federal Reserve Chair Jerome Powell is considering resigning; he has explicitly stated he does not plan to step down early despite political pressure.

FactVerify

FactVerify

Source: factverify.com

At a glance

Key Evidence

Verified July 11, 2025
  • Jerome Powell has publicly stated he has no plans to resign early despite calls from Trump.

  • Reputable news sources have confirmed that rumors of his resignation are false and unsupported by any official announcements.theguardian.comtheguardian.comTrump takes on the Fed

  • The political pressure from Trump does not equate to Powell considering resignation.

The reporting

What the Evidence Shows

The claim that Jerome Powell reportedly considers resigning can be broken down into two components: 1) whether Powell has publicly or privately indicated he is thinking about resigning, and 2) whether credible reports or sources have confirmed such consideration. The search results show that while former President Trump and his administration have repeatedly criticized Powell and even called for his resignation or firing, there is no indication from Powell himself or authoritative sources that he is contemplating resignation.

In fact, Powell has explicitly stated he would not step down early if asked by Trump. Multiple reputable news outlets have debunked rumors of his resignation following recent Federal Open Market Committee (FOMC) rate cuts, confirming no public announcements or credible reports support the claim.theguardian.comtheguardian.comTrump takes on the Fed The political context includes strong pressure from Trump and his allies to remove Powell due to disagreements over interest rate policies, but legally and practically, the Fed Chair cannot be easily removed before term expiration in May 2026.

Thus, the claim appears to stem from misinterpretations or speculative social media posts rather than verified information. Given the absence of any direct statements or reliable reports indicating Powell's intent to resign, the claim is false.

Primary trail

Verified Sources4

Jerome Powell resigning after latest FOMC cuts? Here's the truth

hindustantimes.com
Open source

Can Trump Fire Federal Reserve Chairman Jerome Powell?

forbes.com
Open source

Trump's attacks on Federal Reserve fall flat

washingtonpost.com
Open source
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