Politics
Trump establishes committee to investigate Fed governor Lisa Cook
October 9, 2026 at 04:27 PM · Updated 7d ago
Coverage
4 reports · over 2 hours
Trump launched a committee to investigate Fed governor Lisa Cook over mortgage fraud allegations, a renewed ouster bid after the Supreme Court reinstated her in June.
- Trump announced on Friday the creation of a committee to weigh whether there is "cause" to remove Cook over mortgage fraud allegations.
- The committee will consult Justice Department officials, and the White House will hold a closed, transcribed hearing on 5 November.
- The Supreme Court ruled in June that Trump's earlier firing of Cook was unconstitutional and reinstated her.
- Cook's legal team said the White House is "cherrypicking" facts and the fraud claims stem from unrelated clerical errors.
- The White House said the three-member committee will require Cook to appear at the November 5 hearing.
- Trump named Labor Secretary Keith Sonderling, NEC Director Kevin Hassett and EEOC chair Andrea Lucas to the committee.
- Cook's attorneys said she welcomes the opportunity to clear her name at the November 5 hearing.


