Treasury Secretary Criticizes Fed Chair's Planned Court Appearance
Scott Bessent warns Jerome Powell's Supreme Court attendance could politicize the Fed. The case tests removal standards for Fed governors.
U.S. Treasury Secretary Scott Bessent scott bessentpublicly criticized Federal Reserve Chair Jerome Powell jerome powellon January 20, 2026, for his planned attendance at the Supreme Court oral arguments concerning President Donald Trump's donald trumpattempt to remove Federal Reserve Governor Lisa Cook lisa cook. Bessent expressed concerns that Powell's presence could politicize the Federal Reserve, stating that it would amount to "trying to put his thumb on the scale."
