Trump has created an investigative committee to determine whether he has cause to fire Federal Reserve Governor Lisa Cook, whom he has accused of mortgage fraud. The Supreme Court blocked a 2025 removal attempt on procedural grounds but said the president could try again. The committee, made up of three Trump appointees, will hear Cook at the White House on November 5 before making a recommendation. Cook’s attorneys have firmly denied the fraud allegations and expressed serious doubts about the legitimacy of this process. The final decision rests with the president, but any firing would likely be reviewed by the Supreme Court.
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