Politics · October 9, 2026
Trump escalates effort to fire Federal Reserve governor Lisa Cook
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Neutral Summary
President Trump has established an administrative commission to investigate allegations of mortgage fraud against Federal Reserve Governor Lisa Cook. This inquiry, which will include a hearing next month, is widely seen as an escalation of the administration's efforts to remove Cook from her position on the Fed's Board of Governors.
President Trump has established an administrative commission to investigate allegations of mortgage fraud against Federal Reserve Governor Lisa Cook. This inquiry, which will include a hearing next month, is widely seen as an escalation of the administration's efforts to remove Cook from her position on the Fed's Board of Governors.