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Trump establishes ‘committee of inquiry’ for Federal Reserve Gov. Lisa Cook

Trump establishes ‘committee of inquiry’ for Federal Reserve Gov. Lisa Cook

Summary

President Donald Trump created a committee to look into whether Federal Reserve Governor Lisa Cook gave false information about one or more mortgage deals. The committee plans to hold a hearing on November 5 to review the claims and evidence.

Key Facts

  • President Trump established a committee of inquiry for Federal Reserve Governor Lisa Cook.
  • The investigation concerns possible false statements related to mortgage instruments.
  • The committee will hold an in-person hearing to examine the allegations.
  • The hearing is set for November 5.
  • The committee’s purpose is to determine if any false statements were made by Governor Cook.
  • This action is part of the President’s official responsibilities.
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