Trump Forms Committee to Investigate Federal Reserve Governor Lisa Cook
Former President Trump has established a committee to investigate Federal Reserve Governor Lisa Cook as part of an effort to remove her.
Charlottesville, VA, October 9, 2026 —
An investigative committee has been established by former President Donald Trump with the stated objective of looking into Federal Reserve Governor Lisa D. Cook. This initiative is reportedly part of a broader effort by Trump to seek the removal of Governor Cook from her position.
Details regarding the specific composition of this committee, its members, or the exact nature of its mandate beyond the stated investigation were not immediately available. Similarly, the timeline for the committee’s operations and its intended scope of inquiry remain unspecified.
Governor Cook was nominated to the Federal Reserve Board of Governors by President Joe Biden and confirmed by the Senate in September 2022. Her term is scheduled to run until January 2036. Prior to her appointment at the Federal Reserve, Cook served as a professor of economics and international relations at Michigan State University.
The Federal Reserve System, often referred to as the Fed, is the central banking system of the United States. Its governors are appointed by the President and confirmed by the Senate for staggered 14-year terms. The Federal Reserve is responsible for setting monetary policy, supervising and regulating banks, and maintaining the stability of the financial system.
The summary provided does not include information on the specific reasons cited for the investigation or the potential grounds for removal. Further details concerning the committee’s findings or any subsequent actions are not yet public.
Story summarized from the original created by By CHRISTOPHER RUGABER – AP Economics Writer on www.cbs19news.com, see more information here.
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