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Trump appoints committee to investigate statements by the Fed's Lisa Cook

CNBC Friday 09 October 2026, 14:11 UTC 1 min read
Key Points

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump formally established a "committee of inquiry" to investigate allegations that Federal Reserve Governor Lisa Cook made false statements related to "one or more mortgage instruments," the White House announced Friday. The extraordinary announcement is the latest development in Trump's long-running effort to fire...

Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images President Donald Trump formally established a "committee of inquiry" to investigate allegations that Federal Reserve Governor Lisa Cook made false statements related to "one or more mortgage instruments," the White House announced Friday. The extraordinary announcement is the latest development in Trump's long-running effort to fire Cook, a nominee of former President Joe Biden, from the central bank's board. This is breaking news. Please refresh for updates.
Trump (ORG) Fed (ORG) Lisa Cook Federal Reserve Board (ORG) Lisa Cook (PERSON) the Federal Reserve (ORG) Washington, DC (LOCATION) Kevin Dietsch (PERSON) Getty Images (ORG) Donald Trump (PERSON) Federal Reserve (ORG) the White House (ORG) Cook (ORG) Joe Biden (PERSON)
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