October 9, 2026
President Donald Trump has formed a committee to investigate Federal Reserve governor Lisa Cook over alleged mortgage fraud, an escalation after his previous effort to fire Cook was blocked by the Supreme Court. A White House memo said the group will look into whether Cook made “false statements in connection with one or more mortgage […]
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President Donald Trump has formed a committee to investigate Federal Reserve governor Lisa Cook over alleged mortgage fraud, an escalation after his previous effort to fire Cook was blocked by the Supreme Court.

A White House memo said the group will look into whether Cook made “false statements in connection with one or more mortgage instruments” and will conduct an in-person hearing in November.

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