Powell Attends Supreme Court in Cook Removal Case
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Washington this week — The Supreme Court convened Wednesday this week to hear President Donald Trump's request to remove Federal Reserve governor Lisa Cook after lower courts allowed her to remain in office. Federal Reserve Chair Jerome Powell will attend oral arguments amid Justice Department subpoenas tied to a $2.5 billion Fed renovation and his June Senate testimony. The case follows Trump's Aug. 25 social-media removal notice and centers on presidential authority over independent regulators; the high court kept Cook in place while litigation proceeds. Treasury Secretary Scott Bessent criticized Powell's attendance at the hearing. Based on 6 articles reviewed and supporting research.
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Timeline
- 1. Aug. 25, 2025: President Trump posted a Truth Social message purporting to remove Lisa Cook from the Fed.
- 2. June 2025: Fed Chair Jerome Powell testified before the Senate Banking Committee about a multi-year renovation project.
- 3. October 2025: Lower courts allowed Cook to stay in her role; Supreme Court agreed to hear the case.
- 4. January 2026: Justice Department served grand jury subpoenas to the Federal Reserve related to a $2.5 billion renovation.
- 5. Jan. 21, 2026: Supreme Court heard oral arguments; Jerome Powell attended; public officials commented on implications for Fed independence.
Sources
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