According to ChainCatcher news and Jin10 reports, Cook has stated through his private lawyer that he will challenge his identification as a member of The Federal Reserve Board of Governors in court and seek a judicial ruling. A Fed spokesperson stated that they will comply with the court ruling, and Cook's status as a governor has not changed before the next meeting, allowing him to participate in the interest rate decision meeting on September 16-17.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cook can still participate in the Federal Open Market Committee (FOMC) Meeting, awaiting the court's decision.
According to ChainCatcher news and Jin10 reports, Cook has stated through his private lawyer that he will challenge his identification as a member of The Federal Reserve Board of Governors in court and seek a judicial ruling. A Fed spokesperson stated that they will comply with the court ruling, and Cook's status as a governor has not changed before the next meeting, allowing him to participate in the interest rate decision meeting on September 16-17.