Treasury Secretary Bessent publicly challenges Powell, fueling market concerns over Fed autonomy.

Tuesday, January 20, 2026 at 6:55 PM

Fed Criticism Jerome Powell Treasury Secretary Trump Administration

Treasury Secretary Scott Bessent criticized Fed Chair Jerome Powell's decision to attend Supreme Court arguments regarding President Trump's attempt to fire a Fed governor, highlighting ongoing tensions between the administration and the Federal Reserve.

Treasury Secretary Bessent publicly challenges Powell, fueling market concerns over Fed autonomy.

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Treasury Secretary Bessent publicly challenges Powell, fueling market concerns over Fed autonomy.

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Wednesday’s Supreme Court arguments over whether Trump can fire Fed governor Lisa Cook come amid the president’s broader campaign to bend the central bank to presidential will

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