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Bessent Says Powell Attending Supreme Court Hearing Is ‘Mistake’

Treasury Secretary Scott Bessent criticized Federal Reserve Chair Jerome Powell over his plans to attend a Supreme Court hearing regarding the president’s attempt to dismiss a central bank governor.

“I actually think that’s a mistake, because if you’re trying not to politicize the Fed, for the Fed chair to be sitting there trying to put his thumb on the scale is a real mistake,” Bessent said Tuesday in an interview with CNBC on the sidelines of the World Economic Forum in Davos, Switzerland.

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