[Coin World] The U.S. District Court in Washington may not make a ruling on the case of President Trump’s dismissal of Federal Reserve Board member Lisa Cook before September 4 local time, as the judge has agreed to extend the deadline for the government to submit its arguments. U.S. District Judge Jacob has requested the Justice Department to submit another brief by Thursday regarding the opposition to Cook's request for immediate court action to block the Fed from enforcing the dismissal order. According to judicial procedures, judges typically wait until all documents have been submitted before making a ruling. Judge Jacob held a hearing on August 29. Cook's attorney argues that if an agreement cannot be reached with the government to ensure her continued performance during the litigation, the judge should make a temporary ruling to maintain the status quo as soon as possible. The Fed's next monetary policy meeting will take place from September 16 to 17.
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ImpermanentPhobia
· 2h ago
What's there to drag about, Iron Drag King?
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DAOdreamer
· 09-02 20:50
The market mystery drama really knows how to play.
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BlockchainDecoder
· 09-02 20:47
From an economic perspective, this matter may affect the quality and effectiveness of interest rate decision-making.
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airdrop_huntress
· 09-02 20:46
This political drama is too superficial.
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notSatoshi1971
· 09-02 20:24
The Intrerest Rate rise and fall has become a mystery again.
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BrokenYield
· 09-02 20:24
systemic drama impacting market volatility... just like '08 all over again smh
The ruling on the dismissal case of Fed Governor Cook may be delayed, affecting the September interest rate meeting.
[Coin World] The U.S. District Court in Washington may not make a ruling on the case of President Trump’s dismissal of Federal Reserve Board member Lisa Cook before September 4 local time, as the judge has agreed to extend the deadline for the government to submit its arguments. U.S. District Judge Jacob has requested the Justice Department to submit another brief by Thursday regarding the opposition to Cook's request for immediate court action to block the Fed from enforcing the dismissal order. According to judicial procedures, judges typically wait until all documents have been submitted before making a ruling. Judge Jacob held a hearing on August 29. Cook's attorney argues that if an agreement cannot be reached with the government to ensure her continued performance during the litigation, the judge should make a temporary ruling to maintain the status quo as soon as possible. The Fed's next monetary policy meeting will take place from September 16 to 17.