Trump launches new probe into Federal Reserve Governor Lisa Cook removal case
The White House has announced a new committee to examine whether Federal Reserve Governor Lisa Cook can be removed under federal law over alleged false statements on mortgage documents. The move adds a fresh stage to an already contested effort by President Donald Trump to oust Cook from the central bank board. A hearing is scheduled for November 5, and Cook will be required to appear and answer questions.According to the notice, the three-member committee will review evidence and report to the president on whether there is sufficient cause for removal. It will include the assistant to the president for... [Continue Reading]
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