LOADING ERROR LOADINGOn Wednesday, the Supreme Court gears up to hear arguments in a crucial case over the independence of the Federal Reserve, Trump v. Cook. Jerome Powell, chairman of the U.S. Federal Reserve, left, and Lisa Cook, governor of the U.S. Federal Reserve, have both been targeted by Trump's DOJ with criminal investigations. Federal Reserve Chairman Jerome Powell, right, and President Donald Trump look over a document of cost figures during a visit to the Federal Reserve, Thursday, July 24, 2025, in Washington. AdvertisementAt the same time, the conservative justices appear loath to extend such a ruling to the Federal Reserve. AdvertisementPrevious presidents have tangled with the Federal Reserve, but never with such a determined purpose to unseat its members.

Source: Huffington Post January 18, 2026 13:21 UTC