Trump Forms Committee to Investigate Fed’s Lisa Cook in Latest Push to Oust Her

Washington: 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 inquiry will include a hearing at the White House Nov. 5, Trump said in a written memo, that Cook “shall” attend to answer questions from the committee.

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.

Cook has denied any wrongdoing and has not been charged with a crime.