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Economy · Finance

Trump establishes committee to investigate Fed governor Lisa Cook

Gaya Gupta · The Guardian · World
Published 10 Oct 2026, 2:39 am·1 h ago·1 min read
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US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional Donald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she committed mortgage fraud, renewing his efforts to oust her despite a June supreme court ruling that her earlier firing was unconstitutional. Trump said a committee will consult with justice department officials to decide whether there is “cause” for her removal. The White House will hold an in-person hearing on 5 November to…

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