Golden Finance reports that 'Cook has indicated through her private attorney that she will immediately challenge this action in court and seek a judicial ruling to confirm her right to continue serving as a Federal Reserve governor confirmed by the Senate.' A Federal Reserve spokesperson stated: 'The Federal Reserve will continue to comply with court rulings as always.' The Federal Reserve's statement indicates that from the central bank's perspective, Cook's status as a governor has not changed, and she can still participate in meetings unless the court makes a ruling before the next meeting. The Federal Reserve's next interest rate decision meeting is scheduled for September 16-17, and Trump has been pressuring the Fed to significantly lower interest rates.