Cook Challenges Firing, While the Fed Keeps Quiet

PCAOB extends compliance date for controversial audit standard

[Note to Readers: Capitol Account will be on publishing break until Sept. 2.]

Arguing that she is “at the threshold of suffering irreparable injury,” Governor Lisa Cook sued Donald Trump to halt her firing. She called the move, based on unproven allegations of mortgage fraud, “unprecedented and illegal,” and emphasized that it threatens the “historic ind…