Speaking at a news conference, Powell described the legal challenge as potentially the most consequential court case in the Federal Reserve’s 113-year history, highlighting why he felt compelled to be present. He noted that former Federal Reserve Chair Paul Volcker appeared before the Supreme Court in the 1980s during a similarly significant moment for the institution. The Supreme Court case has drawn intense attention from economists, legal scholars, and financial markets, as its outcome could reshape the relationship between the White House and the central bank. By attending the arguments, Powell signaled the seriousness with which the Federal Reserve views the case and its possible long-term consequences. As the Supreme Court deliberates, markets and policymakers alike will be watching closely, aware that the ruling could set a defining precedent for the future of U.S. central banking.