Overview

• U.S. District Judge Jia M. Cobb requested additional briefs due Tuesday and signaled she will move quickly on Lisa Cook’s emergency injunction, leaving her in place for now.
• The Justice Department urged highly deferential review of the president’s decision and argued that the perception of financial misconduct is intolerable for a senior financial regulator.
• FHFA Director Bill Pulte publicized new allegations involving a Cambridge, Massachusetts condo, expanding on earlier referrals tied to properties in Michigan and Georgia.
• The Federal Reserve told the court it takes no position on the merits, asked for a prompt ruling to resolve uncertainty, and said it will follow whatever order is issued.
• If Cook is ultimately removed, the White House could fill her seat and potentially secure a 4–3 majority on the seven‑member board, with the case widely expected to speed through appeals to the Supreme Court.