Overview

• The administration told the D.C. Circuit on Sunday that Cook’s bid to stay on the board is meritless and urged a ruling before the Sept. 16–17 policy meeting.
• A May 28, 2021 loan estimate labels Cook’s Atlanta property a “vacation home,” and a December 2021 security‑clearance supplement lists it as a “2nd home,” according to documents reviewed by Reuters and other outlets.
• Fulton County records show no homestead exemption was ever claimed on the Atlanta condo, undercutting assertions that it was treated as a primary residence.
• Cook remains a governor under a preliminary injunction issued by Judge Jia Cobb after she sued to block President Trump’s “for cause” removal; the Justice Department’s investigation launched from Bill Pulte’s referral continues without charges.
• The White House argues the alleged misrepresentations justify removal, while Cook’s filings say the evidence falls short and warn that ousting a sitting governor before the rate decision risks damaging Fed independence.