Federal Reserve Chair Considers Resigning. Here’s What This Means for XRP and Crypto Rally
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Federal Reserve Chair Jerome Powell is reportedly considering resignation, according to a breaking update from Watcher.Guru. The development, though unconfirmed, has sparked widespread attention across financial and political circles, particularly due to its potential impact on monetary policy, investor confidence, and the digital asset market, especially XRP. Mounting Political Pressure and Renovation Controversy The speculation follows increasing scrutiny over a $2.5 billion renovation of the Federal Reserve’s Washington, D.C. headquarters, an initiative many have labeled the “Palace of Versailles.” Critics, including members of Congress and President Donald Trump, accuse Powell of misleading lawmakers by downplaying the extravagant features of the project. The backlash has led to a formal investigation by the Office of Management and Budget. On July 8, President Trump publicly called for Powell’s immediate resignation , blaming him for failing to guide interest rates responsibly and for mismanaging the renovation’s public disclosure. Adding fuel to the fire, Bill Pulte, director of Fannie Mae and Freddie Mac, posted on X: “I’m encouraged by reports that Jerome Powell is considering resigning… I think this will be the right decision for America, and the economy will boom.” JUST IN: Federal Reserve Chair Jerome Powell reportedly considers resigning. pic.twitter.com/7ifnOo9SFP — Watcher.Guru (@WatcherGuru) July 11, 2025 Uncertainty Around Succession and Market Reaction Although Powell’s term runs through May 2026, internal sources cited by Watcher.Guru suggests that the Chair is under immense stress and may step down voluntarily. Despite the growing speculation, no official resignation has been announced, and White House insiders maintain that a transition is not currently in motion. Names being floated as potential successors include Treasury Secretary Scott Bessent, former Fed Governor Kevin Warsh, and economist Kevin Hassett. However, any leadership change at the Fed, especially under pressure, could be seen as politically motivated and risk shaking investor confidence in the central bank’s independence. Implications for Interest Rates and Crypto Liquidity From a financial perspective, a Powell resignation could signal a pivotal shift in monetary policy. His departure might open the door for a more dovish Federal Reserve inclined toward cutting interest rates sooner than previously anticipated. Such a shift would inject additional liquidity into the financial system, traditionally a strong catalyst for risk assets, including cryptocurrencies. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 For XRP, this potential liquidity boost could translate into increased upward momentum. Historically, XRP has performed well in low-rate , dollar-weakening environments. During a similar period of monetary softening in April 2025, XRP surged 4% in one week to $2.12. What It Means for XRP and the Broader Crypto Market If Powell exits and his successor pivots to a looser monetary stance, XRP and other cryptocurrencies could experience significant rallies driven by increased capital inflows. However, a chaotic or politically charged resignation could temporarily dampen market enthusiasm, especially if it introduces policy uncertainty. As the report continues to gain traction, investors across traditional and digital markets are watching closely. Whether Powell stays or steps down, the narrative is already influencing expectations and could be setting the stage for a new phase in the crypto rally. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Federal Reserve Chair Considers Resigning. Here’s What This Means for XRP and Crypto Rally appeared first on Times Tabloid .

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