President Trump has formed a committee to examine allegations that Federal Reserve Governor Lisa Cook provided false information regarding mortgage-related matters. The inquiry will include an in-person hearing to review evidence against her, with the session planned for November. The move follows accusations of misconduct tied to her financial disclosures. The committee’s findings could have significant implications for her role at the Federal Reserve.
President Trump established a committee Friday to investigate whether Federal Reserve board of governors member Lisa Cook “made false statements in connection with one or more mortgage instruments.” The “committee of inquiry” will hold an in-person hearing next month to consider the allegations and evidence against her. It is scheduled for Nov. 5. “As President,...
