Federal Reserve Chairman Jerome Powell will attend oral arguments at the Supreme Court for a case in which President Donald Trump is testing the bounds of his power by attempting to fire a member of the central bank’s board of governors.
Powell will attend the hearing, set for Wednesday, a source familiar with his plans confirmed to the Washington Examiner. The move comes just days after the Department of Justice launched a criminal investigation into Powell himself.
DOJ INVESTIGATION COULD PUSH POWELL TO HOLD ON TO HIS SEAT AT FED
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Powell’s presence at the Supreme Court could signal further defiance of Trump’s actions toward the Fed. The Justice Department’s open investigation of the Fed chairman is an unprecedented move that Powell has argued is intended solely to influence
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