Politics10/9/2026•Bloomberg
White House Forms Committee to Probe Fed's Cook
President Donald Trump is establishing a committee to investigate mortgage fraud allegations against Federal Reserve Governor Lisa Cook. Trump has ordered Cook to appear at a White House hearing on Nov. 5 to defend herself, where the committee will consider the evidence and allegations against her. Cook's lawyers have expressed "grave doubts" about the legitimacy of the hearing, but Cook welcomes the opportunity to clear her name. Bloomberg's Elliott Stein joins to discuss.
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