https://www.live-feeds.com/feed/trump-escalates-effort-to-fire-federal-reserve-governor-lisa-cookContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trump-escalates-effort-to-fire-federal-reserve-governor-lisa-cookhttps://www.live-feeds.com/feed/trump-escalates-effort-to-fire-federal-reserve-governor-lisa-cook#u117037Mon, 12 Oct 2026 02:07:49 +0000President Donald Trump has established a committee to investigate Federal Reserve Governor Lisa Cook, as part of his effort to remove her from office. The investigation is focused on allegations of mortgage fraud. Cook's lawyers have stated that a hearing will show no mortgage fraud case. Trump's move is an escalation of his previous attempts to oust Cook.Why it mattersThe Federal Reserve is an independent agency responsible for monetary policy in the United States. The governor positions are appointed by the President and confirmed by the Senate. Trump's effort to remove Cook i