Policy · 10/9/2026
Trump Orders Hearing on Mortgage Fraud Allegations Against Fed’s Cook
Trump is establishing a committee to examine mortgage fraud allegations against Federal Reserve Governor Lisa Cook, with a White House hearing scheduled.
Why it matters
The hearing will put the allegations before a White House committee, though Cook’s lawyers question its legitimacy.
- ★Trump ordered Cook to appear at a White House hearing on November 5 to defend herself.
- ★The committee will consider evidence and mortgage fraud allegations against Cook.
- ★Cook’s lawyers expressed “grave doubts” about the hearing’s legitimacy; Cook welcomes the opportunity to clear her name.