No, US Fed Chair Powell didn’t step down
Social media users have been claiming Jerome Powell, the chair of the US Federal Reserve, has stepped down, backing their assertions with a resignation letter and a video. It turns out, however, that both were generated by AI. The Trump administration has confirmed that Powell will remain the head of the US central bank – at least for the time being.
Social media users have been claiming Jerome Powell, the chair of the US Federal Reserve, has stepped down, backing their assertions with a resignation letter and a video. It turns out, however, that both were generated by AI. The Trump administration has confirmed that Powell will remain the head of the US central bank – at least for the time being.
