Trump Forms White House Committee to Investigate Fed Governor Lisa Cook

President Donald Trump has established a three-person committee of inquiry to investigate mortgage fraud allegations against Federal Reserve Governor Lisa Cook to determine whether legal cause exists for her removal. The panel, including National Economic Council Director Kevin Hassett, Keith Sonderling, and Andrea R. Lucas, will hold a closed-door hearing on November 5, 2026, with post-hearing responses due November 10. The move follows a June 2026 Supreme Court ruling that blocked her initial firing in a 5-4 decision on procedural grounds. Cook's legal team denies the allegations, stating there is no basis for removal.