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 consider the allegations against Cook, which will be closed to the public but transcribed and published. Cook will be able to submit a written statement to present her own evidence and will be subject to examination from White House and her own legal counsel.
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Source link : https://www.theguardian.com/business/2026/oct/09/trump-investigate-lisa-cook-fed-governor
Author : Gaya Gupta
Publish date : 2026-10-09 15:39:00
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