Fed Chair Powell to attend Supreme Court argument on Cook case
Federal Reserve Chair Jerome Powell is making an unusual public show of support for Governor Lisa Cook, attending her Supreme Court hearing. The court is reviewing President Trump's attempt to fire Cook, who denies mortgage fraud allegations. Powell's stance signals a shift towards confronting Trump's pressure on the Fed's interest rate policies and potential appointments.
Federal Reserve Chair Jerome Powell is making an unusual public show of support for Governor Lisa Cook, attending her Supreme Court hearing. The court is reviewing President Trump's attempt to fire Cook, who denies mortgage fraud allegations. Powell's stance signals a shift towards confronting Trump's pressure on the Fed's interest rate policies and potential appointments.
