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.
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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.