Fed Chair Jerome Powell Considers Resigning: What’s Next for Crypto?

Federal Reserve Chair Jerome Powell is reportedly considering resignation amid tensions with the Trump administration. William J. Pulte, Chairman of Fannie Mae and Freddie Mac, publicly endorsed the move, suggesting it could spur economic growth. The discord stems from Trump’s repeated calls for aggressive rate cuts to capitalize on market strength, including record highs in tech stocks and a surging crypto market.

Powell has resisted pressure to slash rates, maintaining a cautious stance despite declining inflation. The standoff highlights the Fed’s delicate balancing act between political demands and economic stewardship. Crypto markets, often sensitive to macroeconomic policy shifts, could see heightened volatility if Powell’s departure accelerates a dovish pivot.