FILE - An above-ground section of Enbridge's Line 5 at the Mackinaw City, Mich., pump station is seen, Oct. 7, 2016. (AP Photo/John Flesher, File)

FILE - Leah McSweeney attends the Harper's Bazaar Icons and Bloomingdale's 150th anniversary party at Bloomingdale's 59th Street, Sept. 9, 2022, in New York. (Photo by Charles Sykes/Invision/AP, File)

Federal Reserve Chair Jerome Powell, left, speaks to the Dallas Regional Chamber as moderator Catherine Rampell looks during an event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)

Federal Reserve Chair Jerome Powell, left, speaks to the Dallas Regional Chamber as moderator Catherine Rampell looks during an event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)

Federal Reserve Chair Jerome Powell, left, speaks to the Dallas Regional Chamber as moderator Catherine Rampell looks during an event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)

Federal Reserve Chair Jerome Powell speaks to the Dallas Regional Chamber during an event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)

Federal Reserve Chair Jerome Powell listens to a question from the moderator on the stage during a Dallas Regional Chamber event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)

Federal Reserve Chair Jerome Powell listens to a question during a Dallas Regional Chamber event in Music Hall at Fair Park Thursday, Nov. 14, 2024, in Dallas. (AP Photo/LM Otero)