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00:00 - Jerome Powell's Speech: Resignation Rumors and Fed Chair Controversy
03:45 - BREAKING: Trump Allies Share Fake Powell Resignation Letter | Federal Reserve Drama Explained

1. Jerome Powell's Speech: Resignation Rumors and Fed Chair Controversy

Fed Chair Jerome Powell is set to deliver a crucial speech tomorrow at 8:30 AM EST. Amidst speculation about his potential resignation, we delve into the ongoing tensions between Powell and the Trump administration. Director of Federal Housing, William John Pulte, hints at a 'resignation speech' from Powell, while U.S. Treasury Secretary Scott Bessent criticizes the Fed's 'mandate creep.' Stay tuned for the latest updates on this developing story and its implications for the U.S. economy.

2. BREAKING: Trump Allies Share Fake Powell Resignation Letter | Federal Reserve Drama Explained

Senator Mike Lee and MAGA influencer Benny Johnson were caught sharing a fake Jerome Powell resignation letter that briefly caused confusion in Trump World. This video breaks down how the fake Federal Reserve chair resignation letter spread across social media and was quickly deleted once the hoax was identified.

We examine the telltale signs of the fake document, including typos and an AI-generated Federal Reserve seal that should have raised red flags. The timing of this hoax comes amid Trump's ongoing criticism of Powell and recent discussions about possibly firing him.

Learn about Trump's complicated relationship with his own Fed chair appointee, including his frustration over interest rate policies and the White House's investigation into a $2.5 billion Federal Reserve office renovation. We also explore Senator Lee's history with sharing unverified information, including a previous incident involving a fake Jimmy Carter death announcement.

This is a developing story that highlights the dangers of sharing unverified information in today's fast-paced social media environment, particularly when it involves major economic figures like the Federal Reserve Chair.