Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025.
Jason Henry | Bloomberg | Getty Images
Federal Reserve Chairman Jerome Powell plans to attend oral arguments on Wednesday at the Supreme Court in a case challenging the power of President Donald Trump to fire Fed Governor Lisa Cook, a person familiar with the situation told CNBC on Monday.
Powell’s planned attendance comes as the Fed chairman is under criminal investigation by the U.S. Attorney’s Office in Washington, D.C., in connection with a multi-billion-dollar renovation of the central bank’s headquarters and his testimony to Congress about that project.
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