Trump's decision on Cook's dismissal is not expected before September 4

A federal court in Washington, D.C., may not rule on the case involving President Trump's dismissal of Federal Reserve Board Governor Lisa Cook before September 4th, after the judge extended the government's deadline for filing arguments. U.S. District Judge Jacobs ordered the Department of Justice to file another brief by Thursday opposing Cook's request for immediate court action to block the Fed from enforcing the dismissal order. According to legal procedures, judges typically wait until all documents are filed before ruling. Judge Jacobs held a hearing on August 29th. Cook's lawyers argued that if Cook cannot reach an agreement with the government to ensure her continued service during the litigation, the judge must issue a temporary ruling to maintain the status quo as soon as possible. The Federal Reserve's next interest rate meeting will be held on September 16th and 17th. (Jinshi)