Policy · 10/9/2026

Trump Steps Up Effort to Remove Fed Governor Lisa Cook

A commission reporting to Trump will assess mortgage fraud allegations against Federal Reserve governor Lisa Cook.

Why it matters

The review is part of Trump's escalating effort to remove Cook from the Federal Reserve.

★Trump is escalating his effort to fire Federal Reserve governor Lisa Cook.
★A commission will assess the mortgage fraud allegations against her and report to the president.
★The commission will consider evidence from a hearing next month.