News Summary

• U.S. District Judge Jia Cobb in Washington granted Lisa Cook’s request to continue working for now.
• The ruling means Cook can likely attend a highly anticipated Fed policy meeting Sept. 16-17 to vote on whether to lower interest rates.
• The Justice Department is likely to swiftly appeal the ruling and the US Supreme Court may ultimately have the final say.
• Trump said last month he was firing Cook after Federal Housing Finance Agency Director Bill Pulte accused her of fraudulently listing homes in Michigan and Georgia as a “primary residence”