Overview

• Cook’s new court filings argue the mortgage issues were disclosed during her 2022 vetting and cannot constitute legal cause for removal now.
• Her lawyers call FHFA Director Bill Pulte’s posts and the DOJ referral “cherry-picked, cut-and-paste” material and say she was denied a chance to respond before the firing claim.
• U.S. District Judge Jia Cobb ordered additional government arguments by Thursday, and Cook is seeking a temporary order to keep performing her duties during the case.
• Nearly 600 economists, including Nobel laureates, signed an open letter supporting Cook and warning that her ouster threatens Federal Reserve independence.
• Trump cited a criminal referral in announcing her removal over alleged 2021 mortgage contradictions, but Cook has not been charged with a crime.