Trump establishes ‘committee of inquiry’ for Federal Reserve’s Lisa Cook

… <div id="acm-ad-tag-mr3_ab-mr3_ab" data-slot='{"pos":"mr3_ab","fold":"atf","is_companion":false,"is_oop":false,"refresh_on_resize":true,"size":[300,250],"sizes":[[[1024,0],[[300,250],[620,366]]],[[0,0],[[300,250],[325,204],[325,508]]]],"amp_multi_size":"","lazyload":false,"wx_targeting":[],"module_refreshable":false}' data-unit='{"tag":"mr-ab","height":"0","width":"0","tag_id":"mr3_ab","publisher_id":"\/5678\/nx.thehill","position":"mr3_ab","is_companion":"false","is_lazy_load":"false","is_ad_refresh":"true","fold":"atf","use_max_height":"","suppression_plan":"","ad_disabled":"0"}' data-targeting='{"pos":"mr3_ab","fold":"atf","aa":"t","kw":"6138879-trump-cook-mortgage-investigation","hlmeta":"6138879 trump cook mortgage investigation","category":"administration","pagetype":"story","pers_cid":"thehill-2-article-6138879","pgid":"6138879","tags":""}' data-path="/5678/nx.thehill/news/administration" data-ad-element="true" data-register-event="nsDfpSlotRendered"></div> </div> </aside><p>She denies the claims against her and said she erroneously referred to one of two properties as a “vacation home.” Cook has said the firing was spurred by the president’s frustrations over the Fed not lowering interest rates quickly enough.</p> <p>This announcement marks the latest escalation in the administration’s efforts to oust her from the central bank. After the high court’s ruling, Trump vowed to “take appropriate action immediately.”</p> <p>“The Cook Lawsuit, having to do with her suitability in sitting on the Board of the Federal Reserve, was sent back by the Supreme Court on a strictly procedural basis, we will take appropriate action immediately to make sure that someone who has committed wrongdoing will not be making vital decisions concerning the Welfare of the United States of America!” Trump wrote on Truth Social at the time.</p> …