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Snapshot 5:Tue, Jan 20, 2026 6:34:14 PM GMT last edited by MattKalman

Report: Powell to Attend Supreme Court Hearing on Cook Removal

Report: Powell to Attend Supreme Court Hearing on Cook Removal

    Report: Powell to Attend Supreme Court Hearing on Cook Removal
    Above: Federal Reserve Chair Jerome Powell on Dec. 10, 2025. Image credit: Sha Hanting/China News Service/VCG/Getty Images

    The Spin

    Powell attending the Supremehearing Courtwould hearingbe 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 transformswould transform 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 SupremeSCOTUS Court tariff arguments despite not being a defendant, making his criticism rank hypocrisy. Past Fed chairs likehave Volcker attended court proceedings, establishing clear precedent for Powell's presence.

    Metaculus Prediction

    There's a 47.3% chance that Trump will nominate Kevin Warsh as next Fed Chair, according to the Metaculus prediction community.


    The Controversies



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    © 2026 Improve the News Foundation. All rights reserved.Version 6.18.0

    © 2026 Improve the News Foundation.

    All rights reserved.

    Version 6.18.0