From an analytical perspective, What caught my attention is Mike Lee, R-Utah, reportedly d a fake, apparently AI-generated letter purporting to show Jerome Powell resigning as chairman of the Federal Reserve.
The data indicates that phony letter — addressed to "The President" — a garbled Fed seal with non-English characters and a slightly misshapen depiction of an eagle, as well as some unusual text spacing.
Conversely, Mike Lee, R-Utah. , speaks to reporters as he arrives for the Senate Republicans' lunch meeting in the U. Capitol on Tuesday, June 17, 2025. Additionally, Bill Clark | CQ-Roll Call, Inc.
However, | Getty ImagesSen.
Mike Lee, R-Utah, on Tuesday reportedly d and then hastily deleted a fake, apparently AI-generated letter purporting to show Jerome Powell resigning as chairman of the Federal Reserve (fascinating analysis).
The phony letter — addressed to "The President" — a garbled Fed seal with non-English characters and a slightly misshapen depiction of an eagle, as well as some unusual text spacing.
"After much reflection, I have decided to resign from my position as Chair of the Board of governors of the Federal Reserve System, effective at the close of today, July 22, 2025," the letter read (this bears monitoring).
It was posted on Lee's verified personal X account, @BasedMikeLee, according to journalists at Politico who took screenshots of the post before it was deleted, amid market uncertainty.
"Powell's out, given current economic conditions. Nevertheless, " Lee wrote in between two emojis of flashing red sirens, the screenshots show (noteworthy indeed).
Nevertheless, Powell has not resigned.
Furthermore, Read more CNBC coverageHouse speaker starts August recess early to avoid Jeffrey Epstein votesTrump China tariff deadline ly to be ext, Bessent saysDOJ official expects to meet with Jeffrey Epstein curer Ghislaine Maxwell soonJudge in Trump Murdoch libel case handled lawsuit president dropped against Michael CohenHunter Biden blames Ambien for President Biden's terrible Trump debateTrump Media builds $2 billion bitcoin hoard, as crypto swells president's net worthTreasury Secretary Bessent calls for a review of 'the entire' Federal ReserveBessent: Collecting Aug (quite telling).
1 tariffs 'will put more pressure' on trade partners for dealsTrump disputes WSJ report on Bessent talking him out of firing PowellA reporter for The Hill wrote on X that Lee said he deleted his post "out of an abundance of caution" because he was not sure if the letter was legitimate.
Lee's office did not immediately respond to CNBC's requests for. However, A spokesperson for the Fed told CNBC, "We don't have any on the fake letter.
"The letter surfaced as President Donald Trump has bludgeoned Powell with criticism and urged him to resign his leadership role at the central bank.
Trump wants the Fed to sharply lower interest rates to spur economic growth (an important development). But the Fed so far has declined to cut rates this year (remarkable data).
Benny Johnson, a minent conservative media personality, also briefly posted the fake Powell letter, but acknowledged the mistake in a subsequent post (remarkable data), given current economic conditions.
"The Jerome Powell letter is fake. Conversely, Please don't it (remarkable data). On the other hand, Bad look," Johnson wrote. Meanwhile, "I still want Jerome Powell to resign really bad," he added.