{"id":9215,"date":"2026-01-19T23:40:47","date_gmt":"2026-01-19T23:40:47","guid":{"rendered":"https:\/\/inernews.online\/?p=9215"},"modified":"2026-01-19T23:40:47","modified_gmt":"2026-01-19T23:40:47","slug":"us-fed-chair-powell-to-attend-supreme-court-session-on-cook-case-report-donald-trump-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=9215","title":{"rendered":"US Fed Chair Powell to attend Supreme Court session on Cook case: Report | Donald Trump News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>It is a much more public show of support than Powell has previously displayed, but comes as Trump threatened Fed chair with criminal indictment.<\/em><\/p>\n<\/div>\n<div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 19 Jan 2026<\/span><span aria-hidden=\"true\">19 Jan 2026<\/span><\/p>\n<\/div>\n<div class=\"rich-share\" data-testid=\"rich-share\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share2 icon--primary icon--16 \" viewbox=\"0 0 20 16\" version=\"1.1\" aria-hidden=\"true\"><title>share2<\/title><path fill=\"#000\" fill-rule=\"evenodd\" d=\"M11.688 9.048c-.659 0-1.252.282-1.673.733l-4.92-2.45c.016-.115.028-.232.028-.352 0-.117-.011-.23-.027-.343l4.913-2.423a2.285 2.285 0 0 0 1.68.739C12.964 4.952 14 3.899 14 2.6 14 1.302 12.965.25 11.688.25S9.377 1.302 9.377 2.601c0 .117.01.23.027.343L4.49 5.367a2.285 2.285 0 0 0-1.68-.739C1.536 4.628.5 5.681.5 6.979c0 1.299 1.035 2.35 2.312 2.35.659 0 1.252-.281 1.673-.731l4.92 2.45a2.357 2.357 0 0 0-.029.351c0 1.299 1.035 2.351 2.312 2.351S14 12.698 14 11.399s-1.035-2.35-2.312-2.35Z\" clip-rule=\"evenodd\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>United States Federal Reserve Chair Jerome Powell will attend the Supreme Court\u2019s oral argument in a case\u00a0involving the\u00a0attempted firing\u00a0of Fed governor Lisa Cook, an unusual show of support by the central bank chair.<\/p>\n<p>The high court is considering whether US 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\u2019s governing board. Powell plans to attend the high court\u2019s Wednesday session, according to a person familiar with the matter, who spoke on condition of anonymity.<\/p>\n<p>It is a much more public show of support than the Fed chair has previously shown Cook. But it follows Powell\u2019s announcement last week\u00a0that the Trump administration\u00a0has sent subpoenas to the Fed, threatening an unprecedented criminal indictment of the Fed chair. Powell \u2014 appointed to the position by Trump in 2018 \u2014 appears to be casting off last year\u2019s more subdued response to Trump\u2019s repeated attacks on the central bank in favour of a more public confrontation.<\/p>\n<p>Powell issued a video statement on January 11 condemning the subpoenas as \u201cpretexts\u201d for Trump\u2019s efforts to force him to sharply cut the Fed\u2019s key interest rate. Powell oversaw three rate cuts late last year, lowering the rate to about 3.6 percent, but Trump has argued it should be as low as 1 percent, a position few economists support.<\/p>\n<p>The Trump administration has accused Cook of mortgage fraud, an allegation that Cook has denied. No charges have been made against Cook. She sued to keep her job, and the Supreme Court on October 1 issued a brief order\u00a0allowing her to stay on the board while they consider her case.<\/p>\n<p>If Trump succeeds in removing Cook, he could appoint another person to fill her slot, which would give his appointees\u00a0a majority on the Fed\u2019s board and greater influence over the central bank\u2019s decisions on interest rates and bank regulation.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is a much more public show of support than Powell has previously displayed, but comes as Trump threatened Fed chair with criminal indictment. Published On 19 Jan 202619 Jan 2026 Click here to share on social media share2 Share United States Federal Reserve Chair Jerome Powell will attend the Supreme Court\u2019s oral argument in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-9215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-canada-news"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/9215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9215"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/9215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/8294"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}