Jerome Powell to join Supreme Court arguments on Trump's attempt to fire Lisa Cook.Jerome Powell to join Supreme Court arguments on Trump's attempt to fire Lisa Cook.

Jerome Powell Attends Supreme Court Arguments on Fed Governor Firing

What to Know:
  • Jerome Powell attends Supreme Court for Lisa Cook’s dismissal case.
  • Pivotal case may impact Federal Reserve autonomy.
  • Potential political precedent affecting governance and economic policies.

Federal Reserve Chair Jerome Powell will attend Supreme Court hearings on January 21, 2026, concerning President Trump’s bid to dismiss Fed Governor Lisa Cook.

The case could challenge the Federal Reserve’s independence and impact central bank governance, though no immediate effects on cryptocurrency markets or regulatory positions have emerged.

Powell Joins Court for Cook’s Firing Case

Jerome Powell will be present for Supreme Court arguments involving the attempted firing of Governor Lisa Cook. The case centers around President Trump’s efforts to remove her from the Federal Reserve Board.

Involved parties include Powell, Trump, and Cook, with Cook asserting her protection under the Federal Reserve Act. This move highlights broader governance questions over presidential reach.

Federal Reserve Autonomy Under Scrutiny

Immediate impact focuses on Federal Reserve operations, but financial markets remain steady with no significant shifts reported, pending court decision.

Politically, the case underscores tension between executive power and economic policy, with implications for future governance, affecting regulatory practices. Jerome Powell, Federal Reserve Chair, stated,

Historically, the Federal Reserve enjoys protection under the Federal Reserve Act, with similar cases upholding independence.

Potential outcomes depend on the court’s interpretation, possibly setting precedents that influence future economic policy and government interplay with independent agencies.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.
Market Opportunity
mETHProtocol Logo
mETHProtocol Price(COOK)
$0.003849
$0.003849$0.003849
+3.49%
USD
mETHProtocol (COOK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Ethereum Price Closer to $4,000 Breakout as ETH Whales go on Buying Spree

Ethereum Price Closer to $4,000 Breakout as ETH Whales go on Buying Spree

The post Ethereum Price Closer to $4,000 Breakout as ETH Whales go on Buying Spree appeared on BitcoinEthereumNews.com. Key Insights: Large ETH wallets are buying
Share
BitcoinEthereumNews2026/01/20 10:16
New Zealand Dollar weakens below 0.5800 despite Trump’s tariff threats

New Zealand Dollar weakens below 0.5800 despite Trump’s tariff threats

The post New Zealand Dollar weakens below 0.5800 despite Trump’s tariff threats appeared on BitcoinEthereumNews.com. The NZD/USD pair loses ground to around 0.5790
Share
BitcoinEthereumNews2026/01/20 10:10