President Trump Establishes Inquiry Committee for Federal Reserve Governor Lisa Cook
President Trump has established a committee of inquiry to investigate Federal Reserve Governor Lisa Cook, a new approach following a Supreme Court setback in his previous attempt to remove her. A hearing is scheduled at the White House.
Tampa St. Petersburg, FL, October 9, 2026 —
President Trump has initiated a new strategy to investigate Federal Reserve Governor Lisa Cook by establishing a committee of inquiry. This move follows a prior attempt by the President to remove Governor Cook, which reportedly faced a setback in the Supreme Court.
Details regarding the specific grounds for the inquiry or the members appointed to the committee were not immediately available. The establishment of this committee represents a distinct approach compared to previous efforts to address Governor Cook’s position within the Federal Reserve.
A hearing related to this inquiry has been scheduled to take place at the White House. The exact date and time for this hearing were not provided in the available information. The nature of the proceedings and the expected participants beyond those directly involved in the inquiry have not been disclosed.
Governor Lisa Cook was appointed to the Federal Reserve’s Board of Governors in 2022. Her tenure and professional background have been subjects of interest. This new committee of inquiry is positioned as a significant development in the ongoing scrutiny of her role at the central bank.
The trend summary indicated that the previous attempt to remove Governor Cook encountered a legal challenge or decision from the Supreme Court. The outcome of that legal process and its direct implications for the current inquiry were not detailed.
Further information regarding the committee’s mandate, its investigation process, and the scheduled White House hearing is anticipated as the situation develops. The Federal Reserve itself has not issued a public statement regarding the committee of inquiry at this time.
Story summarized from the original created by AP via Scripps News Group on www.tampabay28.com, see more information here.
