Federal Reserve Governor Lisa Cook has been cleared of property tax violations by tax officials in Ann Arbor, Michigan, according to a report from sentdefender on X. The accusations of mortgage fraud related to her homes in Michigan and Atlanta were cited by President Trump as reasons for his intent to remove her from the Federal Reserve’s Board of Governors two weeks ago. This development coincides with the U.S. Court of Appeals ruling today that President Trump cannot remove Cook before tomorrow's Federal Open Market Committee (FOMC) meeting on interest rates. The ruling by the U.S. Court of Appeals for the District of Columbia Circuit prevents President Trump from removing Lisa Cook from the Federal Reserve's Board of Governors before a crucial FOMC meeting this week. This decision follows Trump's earlier announcement to remove Cook over alleged mortgage fraud, which stemmed from a Justice Department investigation initiated by a referral from the Director of the Federal Housing Finance Agency, Bill Pulte. Previous reports indicated that the DC Circuit Court of Appeals had rejected former President Donald Trump's attempt to remove Lisa Cook from the Federal Reserve's Board of Governors. In other developments, technology company Oracle is reportedly part of a consortium of firms that would enable TikTok to continue operations in the U.S. if a framework deal between the U.S. and China is finalized. Sources with knowledge of the negotiations told CBS News that the precise structure of the final deal remains unclear but will involve multiple companies. Presidents Trump and Xi are expected to discuss the matter on Friday. Additionally, a tweet from @DrewPavlou on X shared a brief exchange, "It’s an honour to meet you, Mr. X." "You’re alright for a white boy Charlie." President Trump also commented on the presence of a trans flag on 14th street, stating to @Acyn on X that while he would not oppose taking it down, "then they’ll sue and get freedom of speech stuff." Separately, Jennifer Jacobs reported on X that the Ellison father-son team could potentially own CBS, CNN, and TikTok, as well as Paramount and Warner Bros, in the coming months. White House security was previously reported to have been elevated by the Secret Service following the assassination of Charlie Kirk.
