Trump forms committee to review whether Fed Governor Lisa Cook can be removed

Trump forms committee to review whether Fed Governor Lisa Cook can be removed

N
News Editor
2026-10-09 14:10:21
The White House said Friday that U.S. President Donald Trump has created a special committee to examine allegations involving Federal Reserve Governor Lisa Cook and determine whether there is legal cause for her removal. In a notice dated Oct. 7 and posted on the White House website, Trump said the panel would investigate the allegations against Cook and report back on whether there are "grounds" to remove her from office. The review is focused on whether Cook meets the legal standard for dismissal under applicable law. The announcement does not mean Cook has been removed at this stage. The statement, cited by Odaily, frames the committee as an advisory body meant to assist the president in deciding whether any lawful basis for dismissal exists.

According to a notice posted on the White House website on Friday, U.S. President Donald Trump has established a special committee to investigate allegations involving Federal Reserve Governor Lisa Cook.

In the notice, dated Oct. 7, Trump said: "To assist me in carrying out this duty, the committee will investigate the allegations against Governor Cook and report to me on whether there is just cause to remove Governor Cook."

The review will focus on whether Cook meets the legal standard for removal under the law. The announcement does not mean she has already been removed.

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