Romaine Bostick

First time you guys have really kind of been contenders since the Wally Zerbiak area.

Is this going to be that year where you guys get back to the NCAA tournament?

All right, Brian, we'll really appreciate you being with us here.

A turnaround going on right now at the Miami University and a turnaround at Starbucks.

That was Federal Reserve Chairman Jerome Powell answering questions today on why he attended the Supreme Court hearing regarding President Trump's attempt to dismiss Fed Governor Lisa Cook, as we also wait to hear who President Trump's next Fed chair pick will be.

Let's discuss all this with Lael Brainard.

She is Distinguished Fellow at the Georgetown Center for Financial Markets and Policy.

She is also the former Vice Chair of the Federal Reserve and the former NEC Director.

It's fantastic to have you with us.

There was a lot Jerome Proulx did not address today, nothing on the dollar, nothing on his plans as to whether he'll leave the Fed in May, and nothing really more on political pressure on the Fed, on himself.

But he did comment on that case against Lisa Cook, his decision to attend that hearing.

Do you agree with that characterization that this potentially is the most important legal case in the Fed's 113-year history?

How much longer, though, do you think that the Fed can stay out of that political fray, especially as we approach May when the president will have his pick of who to nominate to the Federal Reserve?

Of course, the chair is just one of many votes.

But even still, you have to imagine that ideologically they will fall in line with the president's thinking on interest rates.

A big bomb thrown into the mix by Bill Pulte, the head of the nation's leading finance agency, asking the U.S.

Justice Department to investigate Federal Reserve Governor Lisa Cook.

Allegations made by Bill Pulte citing documents that his agency received involving mortgage fraud.

the Justice Department has weighed in and said that they are considering looking deeper into the matter.

Lisa Cook herself has already responded, saying that she is willing to provide any additional information that the investigators are looking for, but that she won't be bullied into stepping down.