Beckett continues to criticize Powell, stating that he is not suitable to participate in the Federal Reserve debate

On January 21st, Wall Street Journal reporter Nick Timiraos stated that Beckett has been publicly criticizing Federal Reserve Chairman Powell in recent times. Bessen stated in an interview with CNBC that Powell is not suitable to attend Wednesday's oral debate on the case of Federal Reserve Governor Lisa Cook, and believes that Powell may be trying to "favor" the Federal Reserve. Nick Timiraos hinted that Benson is uneasy about the Department of Justice's investigation into the Federal Reserve and is concerned that the investigation may affect the Trump administration's efforts to confirm Powell's successor, while ensuring that Powell resigns from his position as a board member after his term ends in May.