Trump Establishes Committee to Evaluate Firing Federal Reserve Governor Lisa Cook
President Donald Trump has formed a three-person executive branch committee tasked with recommending whether he should fire Federal Reserve Governor Lisa Cook over allegations of mortgage fraud, which she denies. The process is part of an ongoing legal battle that began in 2025 when the Supreme Court blocked his initial attempt to remove her on procedural grounds but allowed him to try again. Cook will appear before the committee on November 5 and can be represented by counsel. After reviewing evidence, the panel—composed of Trump appointees Kevin Hassett, Keith Sonderling, and Andrea R. Lucas—will advise the president whether there is cause for removal. The final decision rests with Trump, who could face further legal challenges if he proceeds. The committee's legitimacy has been questioned by Cook’s attorneys, who argue it lacks independence from the executive branch but welcomed her chance to defend herself.
