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flag Treasury Secretary Bessent says Supreme Court will decide if Trump can fire Fed official over policy disputes, citing inflation and Fed credibility concerns.

flag U.S. Treasury Secretary Scott Bessent told a House hearing on February 4, 2026, that he won’t comment on whether President Trump can fire a Federal Reserve official over policy differences, saying the Supreme Court would decide. flag He acknowledged internal administration debate over presidential authority but stressed the Fed’s independence and credibility. flag Bessent said the Fed lost public trust due to inflation, which he called the worst in 49 years, harming working families. flag The Court is reviewing Trump’s attempt to fire Fed Governor Lisa Cook, raising concerns about the Fed’s independence and the balance of power between branches.

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