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00:00 Speaker A
I wanted to ask that, you know, you attended the Supreme Court uh hearing last week on the Lisa Cook case uh and Treasury Secretary Scott Beson criticized that as political.
00:11 Speaker A
Can you say why you attended and uh what you would say in response to the secretary’s criticism?
00:22 Speaker B
So let me start with I I don’t respond to comments by other officials, whoever they may be. It’s just uh not appropriate to do that.
00:32 Speaker B
I will tell you why I attended. Um, I would say that that case is perhaps the most important legal case in the Fed’s 113-year history.
00:48 Speaker B
And I as I thought about it, I thought uh, it would might be hard to explain why I didn’t attend.
00:54 Speaker B
Uh, in addition, um, Paul Volker went to a Supreme Court case famously and I guess in 1985 or so.
01:01 Speaker B
So it’s precedented and uh I thought it was an appropriate thing and I did it.