PiCK

Federal Reserve Chair Powell: "No plans to resign"... Statement made to colleagues

JH Kim

Summary

Jerome Powell, Chair of the Federal Reserve System, has made it clear he has no plans to resign.
Despite controversy regarding his status raised in political circles, Powell expressed his intention to continue in his role as head of the Federal Reserve.
Confirmation of Powell's continuity in office may bring stability to both the financial market and the cryptocurrency market.

According to Watcher Guru, a cryptocurrency-focused media outlet, on the 25th (local time), Jerome Powell, Chair of the Federal Reserve System (Fed·Federal Reserve), made it clear during conversations with colleagues and supporters that he has "no intention to resign."

Amid recent controversy in political circles regarding Powell's status, he directly dismissed such speculation and signaled his intention to continue fulfilling his duties as the head of the Federal Reserve.