Before 18 June 2026, will an FOMC statement of a decision on a monetary policy action released from the Federal Reserve indicate that Lisa Cook did not vote on that action?
Closing Jun 17, 2026 07:01AM UTC
On 25 August 2025, President Trump announced that he had fired Lisa Cook from the Board of Governors of the Federal Reserve System "effective immediately" for cause related to an accusation of mortgage fraud (AP, Politico). Cook successfully sued to prevent that firing from taking place, asserting that the president did not have the authority to fire her (AP). On 1 October 2025, the US Supreme Court deferred a decision on a move by the Trump administration to allow Cook's firing "pending oral argument in January 2026" (Supreme Court - Order 1 October 2025, ABC News). How Cook votes (i.e., for or against) is immaterial so long as the statement indicates that she voted. The question will be suspended on 16 June 2026 if still open and the outcome determined using statements as released by the Federal Reserve (Federal Reserve). The question will close outside the release of a statement of a monetary policy decision upon Cook's resignation taking effect, Cook publicly announcing or acknowledging that she is no longer a member of the Board of Governors, or her death.
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NOTE 11 October 2025: If Cook resigns or is in some other way removed from her position, the question will close "Yes."