Sen. Mike Lee (R-UT) shared and then deleted what appeared to be a fake resignation letter from Federal Reserve Chair Jerome Powell.
In a message posted to X on Tuesday, Lee claimed that "Powell is out." Soon after, Lee's post was deleted.
The letter, written in Powell's voice and addressed to President Donald Trump, claimed that the Fed chair would resign on July 22.
"I am proud of what we have accomplished," the letter said. "However, at this critical juncture, I believe new leadership is needed to carry forward the important work of the Federal Reserve and to reinforce public confidence in its independence and effectiveness."
"I remain confident in the strength and resilience of the American economy and in the professionalism of the Federal Reserve staff," it added. "I am grateful for the opportunity to have served, and I extend my full support to my successor as they continue the vital work of fostering maximum employment and price stability."
According to Politico's Jordain Carney, Lee deleted the post "out of an abundance of caution."
"I don't know whether it's legit or not," he admitted.
