Federal Reserve Chair Jerome Powell has been reportedly considering resigning from his position, according to multiple statements issued by the U.S. Federal Housing Finance Agency and its Director, Bill Pulte. The agency released a press statement indicating Powell's contemplation of stepping down amid growing political pressure and criticism from lawmakers and the White House. Director Pulte has repeatedly confirmed that Powell is weighing resignation and has indicated that a resignation speech is "coming soon." On July 22, 2025, several sources confirmed that Powell officially resigned as Fed Chair. Despite some conflicting remarks from Pulte later that day suggesting that Powell "will be resigning soon, but today is not the day," the resignation was widely reported and acknowledged. The resignation follows mounting scrutiny during Powell's tenure, including pressure from President Donald Trump and members of Congress.