Powell attending the Supreme Court hearing represents a blatant attempt to politicize the Federal Reserve and influence judicial proceedings. The Fed chair sitting in court trying to put his thumb on the scale undermines the central bank's credibility and independence. This appearance transforms what should be an impartial institution into a political actor.
Powell has every right to attend as a co-defendant in a case directly affecting the Fed's institutional integrity. Bessent himself sat front row at Supreme Court tariff arguments despite not being a defendant, making his criticism rank hypocrisy. Past Fed chairs like Volcker attended court proceedings, establishing clear precedent for Powell's presence.
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