'HE HAS NO FUTURE': Powell should 'get gone,' Dagen McDowell says
Fox Business
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January 22, 2026 at 12:17 AM UTC
Bearish
90% Confidence
Watch on YouTube
Key Points
- Supreme Court hears arguments on whether a President can fire a Fed Governor 'for cause,' specifically regarding Lisa Cook.
- Arguments focus on whether alleged 'mortgage fraud' by Cook constitutes 'cause' and who determines it (President vs. judicial review).
- Fed Chair Jerome Powell attended the hearing, sparking debate about the impact on Fed independence and his own future.
- Panelists express strong criticism of Powell, calling him a 'political hack' and an 'embarrassment' due to alleged undermining of Fed independence and a separate renovation probe.
AI Summary
The 'Big Money Show' discusses the Supreme Court hearing arguments in a case concerning President Trump's attempt to fire Fed Governor Lisa Cook. The panel delves into legal interpretations of 'cause' for removal and the implications for Fed independence. There's also commentary on a probe into Fed Chair Jerome Powell's headquarters renovation.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bearish | 90% |
| Consensus | Bearish | 90% |