remain<\/a>\u00a0in her position through January, when the court is likely to make a final ruling on the issue.<\/p>\n\n\n\nTrump fired Cook from her position after his Federal Housing Finance Agency chief,\u00a0Bill Pulte,\u00a0accused her of mortgage fraud<\/p>\n\n\n\n
The update comes roughly two weeks after Trump officials appealed the case to the high court for emergency review. <\/p>\n\n\n\n
Oral arguments are expected to be closely watched, given the unprecedented nature of the case, and the seismic shift that any ruling could have on U.S. economic decisions. <\/p>\n\n\n\n
In appealing the case to the Supreme Court, lawyers for the Trump administration argued that the Fed’s “uniquely important role” in the U.S. economy only heightens the government\u2019s and public’s interest in reviewing the case.<\/p>\n\n\n\n
This is a breaking news story. Please check back for updates.<\/em>
<\/p>\n\n\n\n