A White House-led administrative commission has been established to examine mortgage fraud allegations against a Federal Reserve board member, marking the latest attempt by the president to remove the official. The inquiry will feature a mandatory hearing at the White House, where the member will be required to testify under questioning from the committee. The move follows ongoing scrutiny of the official’s financial disclosures and professional background. Details of the allegations and the committee’s findings remain pending.
President Trump set in motion an administrative commission Friday to investigate mortgage fraud allegations against Federal Reserve board of governors member Lisa Cook in his latest effort to fire her. The inquiry will include a hearing at the White House on Nov. 5 that Cook “shall” attend to answer questions from the committee, Trump said...
