Washington, United States, Jan 28, 2026 (AFP) - Trump bid to oust Cook may be 'most important legal case' in Fed history: Powell

NAMPA / AFP

2026-01-28

Federal Reserve Chair Jerome Powell said Wednesday that the Supreme Court case on the attempted ousting by President Donald Trump of a Fed governor might be the most important legal challenge ever faced by the central bank. "I would say that that case is perhaps the most important legal case in the Fed's 113-year history," Powell said Wednesday, responding to a question on why he attended the January 21 court hearing on Trump's effort to fire Fed......

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