A federal judge heard arguments about whether Federal Reserve governor Lisa Cook can remain on the Fed board as her lawsuit to block President Donald Trump from firing her progresses.
The Friday hearing in federal court, which went for over two hours, did not end with a ruling either way. But U.S. District Judge Jia Cobb will continue to consider Cook’s request for a temporary order barring Trump from firing her over allegations of mortgage fraud. A ruling is not expected until after Labor Day.
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