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Posted on 01/20/2026 4:31:35 AM PST by RandFan
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral argument Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair.
The high court is considering whether President Donald Trump can fire Cook, as he said he would do in late August, in an unprecedented attempt to remove one of the seven members of the Fed’s governing board. Powell plans to attend the high court’s Wednesday session, according to a person familiar with the matter, who spoke on condition of anonymity.
It’s a much more public show of support than the Fed chair has previously shown Cook. But it follows Powell’s announcement last week that the Trump administration has sent subpoenas to the Fed, threatening an unprecedented criminal indictment of the Fed Chair.
(Excerpt) Read more at apnews.com ...
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I wonder how many of the justices will point out or muse that the Fed is unconstitutional anyway (our dream but it won't happen )
Wonder if the POTUS will pull up a chair right next to him...
I’m thinking about Godfather Part II when Frank Pentangeli is supposed to testify and notices his brother Vincenzo from Sicily is sitting in the courtroom. Suddenly Frank’s entire testimony changes.
It goes to show that anything Trump does that is not “normal” is OK too. I mean, the left always demands we play by strict and narrow rules while they do not.
Audit the Fed. Now.
“The Trump administration has accused Cook of mortgage fraud”
That took a while to show up in the article. At least the author mentioned it.
Not smart. This isn’t a parent-teacher conference.
It’s a fundamental question about whether the United States is a sovereign country or just a debtor to financiers.
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