President Trump Establishes Committee to Investigate Federal Reserve Governor Lisa Cook

Corpus Christi, TX, October 9, 2026 — The White House has announced the formation of a committee tasked with investigating Federal Reserve Governor Lisa Cook. This move comes as President Trump seeks to explore avenues for removing Governor Cook from her post, following a recent setback in legal proceedings related to this objective, reportedly stemming from a Supreme Court decision.

A formal hearing has been scheduled to take place at the White House on November 5th. Federal Reserve Governor Lisa Cook is reportedly required to attend this hearing. The specific details regarding the nature of the investigation or the grounds for the inquiry have not been fully disclosed in the initial announcement.

The establishment of this committee indicates a continued effort by the administration to alter the composition of the Federal Reserve’s leadership. Previous attempts to pursue action against Governor Cook may have encountered legal obstacles, prompting the current strategy involving a committee of inquiry.

The precise mandate of the committee and the potential outcomes of the hearing remain to be seen. The investigation and the subsequent hearing are expected to focus on Governor Cook’s position within the Federal Reserve. Further information is anticipated as the November 5th date approaches. The contractor’s name and the specifics of the Supreme Court setback were not provided in the summary. The fine amount was not provided.

Story summarized from the original created by AP via Scripps News Group on www.kristv.com, see more information here.