CBS News
Federal Reserve Chairman Jerome Powell is set to attend oral arguments at the Supreme Court on Wednesday in a case involving President Trump’s attempt to fire Lisa Cook, a member of the central bank’s Board of Governors.
A source directly familiar with Powell’s plans confirmed on Monday that he will attend the arguments. The Associated Press first reported that he will be at the court.
Mr. Trump moved to fire Cook in August following allegations she made misrepresentations on mortgage documents, which were raised by a senior official in his administration. Lower courts let Cook continue serving in her position while she pursued a legal challenge to her firing, and the Supreme Court in October said it would take up the case.
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