Rumor Mill - Stephanie McMahon against Jeff Hardy winning the title

The decision to give Jeff Hardy the WWE Championship belt took place during a creative team meeting two weeks before the pay-per-view match at Armageddon. Vince McMahon first brought up the idea, which caught most of the creative team by surprise.

At the meeting, Stephanie McMahon was the only one to challenge Vince's idea of giving Jeff Hardy the WWE Championship, bringing up his own doctrine of a wrestler at a high risk of getting suspended receiving a major belt setting a bad example to the talent. Vince acknowledged the doctrine, but said in the short-term, his plan could work if Jeff handled the opportunity properly.

If somehow there is a relapse on Hardy's part before his title run comes to an end, McMahon made it clear he's immediately dropping the title as a failed drug test would of course mean the termination of their world champion because it's would be Jeff's third strike. McMahon said Hardy getting fired while champion would send the ultimate message to the locker room.

source: wrestling observer newsletter