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Trump's decision to dismiss Cook is not expected to be made before September 4.
According to Golden Finance, the federal court in Washington, D.C. may not issue a ruling before September 4 local time on the case regarding President Trump’s firing of Federal Reserve Board of Governors member Lisa Cook, after the judge agreed to extend the deadline for the government to submit its arguments. U.S. District Judge Jacob has asked the Justice Department to submit another brief by Thursday regarding the request to block the Fed from enforcing the firing order against Cook. According to judicial procedures, judges typically wait until all documents are 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 service during the litigation, a temporary ruling to maintain the status quo should be made by the judge as soon as possible. The next Federal Reserve meeting will be held from September 16 to 17.
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