Powell to Test Trump’s Bid to Remove Lisa Cook from Federal Reserve

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Powell to Attend Supreme Court Arguments Amid Criminal Probe

Federal ⁤Reserve Chair Jerome Powell to Attend Supreme Court ⁣Hearing on Trump-Era Fed Governor Dispute

Federal ⁢Reserve Chairman Jerome ⁣Powell plans to attend oral ⁤arguments before the Supreme Court on Wednesday, January 21, 2026, in⁢ a case challenging former President Donald Trump‘s authority to remove Federal Reserve Governors. This comes as Powell is ⁤currently under criminal investigation‌ related⁣ to‌ a renovation project at the Federal Reserve headquarters adn his⁣ testimony‍ to‌ Congress regarding the project. ​The Associated Press ⁢ first reported Powell’s plans to attend the arguments.

The Case: Trump vs. Cook

The case ‌centers around former ‍President Trump’s attempt to remove Lisa Cook, a ⁢member of the Federal Reserve Board of Governors, from her position. trump

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