Federal Reserve Chair Jerome Powell is expected to attend oral arguments at the Supreme Court Wednesday in a case tied to President Donald Trump’s attempt to fire a Fed governor, a person familiar with the matter confirmed to Fox News Digital.
The Associated Press was first to report the development.
At the heart of the case is whether Trump can fire Lisa Cook, who was appointed to the board of governors in 2022 by former President Joe Biden.
Trump argues he has broad authority to remove Cook from her leadership role at the central bank without judicial review, with his administration alleging she committed private mortgage fraud.
Cook has repeatedly denied the allegations.
Fox News previously reported that oral arguments will be conducted by the nine justices, who will hear separately from lawyers representing Cook and the Justice Department.
Read Full Article Here