"Fed Mouthpiece" Comments on Powell Resignation Reports: Initial Reaction Is to Ignore Them, Powell Has Already Made a Firm Statement
According to a report by Jinse Finance, "Fed whisperer" Nick Timiraos stated on social media that when people ask him about various online rumors, his first reaction is to ignore them. However, for those who are genuinely curious about whether the Federal Reserve Chair would go against his repeatedly emphasized commitment (that is, to complete his term as Chair, with only 10 months remaining), he recalls how Powell answered the question about "jumping ship" six years ago. The reason he included Powell's response in his book is that it was the firmest statement possible: "Under no circumstances would I voluntarily leave this job before my term ends. Absolutely not. You will not see me jump ship. I simply cannot imagine any situation that would prevent me from completing my term, unless I die." (Jin10)
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