Powell Resignation Rumors Roil Markets as Hassett Emerges as Fed Chair Contender Ahead of Speech

Market chatter around the Fed leadership cycle has circulated online, with posts asserting an emergency meeting and the resignation of Federal Reserve Chair Powell. There is no corroboration from mainstream outlets or official Fed channels, and no formal confirmation has been issued. In crypto and broader markets, such rumors can trigger short‑term moves, though credible policy signals remain the primary driver.

Powell is scheduled to speak at 9:00 a.m. ET on Tuesday at a commemorative event, with the topic not disclosed at this time. Traders should monitor the official agenda and the prepared remarks for any clues on rate trajectory or policy tone.

Meanwhile, speculation about potential successors has circulated, but these mentions are unverified. For credibility, readers should anchor decisions to verified Fed communications and not conflate leadership rumors with imminent policy changes.