Federal Reserve Cook

President Donald Trump opened another chapter in his effort to fire Federal Reserve Governor Lisa Cook Friday by establishing a “committee of inquiry” to investigate allegations that she made false statements in mortgage applications. The extraordinary move follows a Supreme Court ruling in June that Cook could keep her job after Trump sought to fire her last year. That ruling found that Cook should have had notice and an opportunity to respond to the charges.

President Donald Trump has opened another chapter in his effort to fire Federal Reserve Governor Lisa Cook by establishing a “committee of inquiry” to investigate allegations that she made false statements in mortgage applications. In a written memo, Trumps says the inquiry will include a hearing at the White House on Nov. 5 and Cook “shall” attend to answer questions from the committee.