Bessent Warns Powell: Supreme Court Appearance Risks Politicizing the Fed
TL;DR Summary
Treasury Secretary Scott Bessent criticized Fed Chair Jerome Powell for attending Supreme Court arguments on the Fed's independence, calling the move a mistake that could politicize the central bank; he spoke at Davos and noted that he himself attended a tariff case.
- Bessent Calls Powell’s Attendance at Supreme Court Arguments on Fed Independence a ‘Mistake’ The New York Times
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- Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake CNBC
- Supreme Court tests limits of Trump's power over the economy in fight over Fed's Lisa Cook Reuters
- Supreme Court Will Decide if Fed Independence Has Any Legal Teeth The Wall Street Journal
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