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Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake
Market Intelligence Analysis
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Why This Matters
Federal Reserve Chairman Jerome Powell's decision to attend Supreme Court arguments on a case related to Trump's power to remove governor Lisa Cook has been deemed a mistake by Bessent, potentially indicating a conflict of interest and raising concerns about the Fed's impartiality.
Market Impact
Market impact analysis based on bearish sentiment with 70% confidence.
Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
CNBC reported that Powell plans to be present for oral arguments in a case that challenges Trump's power to remove governor Lisa Cook.
Original article published by
CNBC
on January 20, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.