Lisa Cook's Lawyer Questions Fairness of Trump-Ordered Federal Reserve Investigation
Federal Reserve Governor Lisa Cook’s attorney, Abbe Lowell, has raised concerns about the fairness and objectivity of a White House committee investigating her over alleged mortgage fraud. In a letter to President Donald Trump’s aide Will Scharf, Lowell highlighted issues such as biased members on the panel and unspecified allegations against Cook that undermine due process. The scheduled hearing for November 5 is now in question after Lowell cited scheduling conflicts with Fed duties abroad. President Trump has publicly criticized Cook, calling her an “automatic no vote” over her opposition to rate cuts he supports. White House spokesman Matthew Middleton defended the inquiry as part of the president’s constitutional duty to ensure ethical conduct among federal officials. Despite concerns raised by Cook's legal team, she remains open to participating in a hearing if one is rescheduled. The probe has sparked broader questions about political interference with the Federal Reserve and its independence from executive influence.
