Back    Zoom +    Zoom -
Jerome Powell Reported to Attend US Supreme Court Hearing on Fed Governor Lisa Cook's Dismissal Case
Recommend
0
Positive
1
Negative
2
US Fed Chair Jerome Powell planned to attend the US Supreme Court hearing on Wednesday (21st) regarding the case where US President Donald Trump attempted to dismiss Fed governor Lisa Cook, Bloomberg quoted sources as saying.

In late August 2025, Trump ordered Cook's dismissal on unverified mortgage fraud charges, which Cook has denied. Some market participants believed that the outcome of this case will have a profound impact on the president's ability to dismiss Fed governors, and consequently, on the Fed's ability to set interest rates without political interference.

Related NewsPPI YoY for Oct in United States is 2.8%, higher than the previous value of 2.7%.

AASTOCKS Financial News
Website: www.aastocks.com