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Trump establishes panel to probe Fed governor Lisa Cook in latest attempt to fire her
NBC News · 2026-10-09
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type="application/ld+json" data-next-head="">{"@context":{"@vocab":"http://schema.org","articleId":{"@id":"Text","@type":"@id"},"topics":{"@id":"Text","@type":"@id"}},"@type":"NewsArticle","headline":"Trump establishes panel to probe Fed governor Lisa Cook in latest attempt to fire her","url":"https://www.nbcnews.com/business/economy/trump-probe-fed-gov-lisa-cook-rcna602500","alternativeHeadline":"Trump panel to probe Fed gov. Lisa Cook in attempt to fire her","articleBody":"President Donald Trump on Friday signed an order directing the attorney general and other top federal officials to establish a committee to investigate Federal Reserve governor Lisa Cook, in his latest attempt to fire her. “By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby establish a committee of inquiry (Committee) to investigate allegations that Federal Reserve Governor Lisa D. Cook made false statements in connection with one or more mortgage instruments,” read a presidential memorandum posted to the White House website. It said that the committee would “investigate the allegations against Governor Cook and report to me whether there is ‘cause’ for Governor Cook’s removal.” “Governor Cook may submit a written position statement to the Committee regarding the allegations,” the memorandum said. The unprecedented White House announcement comes after a top White House official in August wrote a letter to Cook, saying that Trump was considering removing her from the Federal Reserve board. The White House memorandum said that Cook “shall appear at the hearing and be examined by the Committee,” as well as “present argument, written evidence, and written witness statements regarding the evidence and allegations.” The committee is set to meet Nov. 5 for the hearing, two days after the midterm elections. No president has ever fired a top Fed official. “In light of the President’s repeated statements that he has already decided to fire Governor Cook — regardless of the facts and evidence — we have grave doubts that this ‘hearing’ is a legitimate one that would conform to the law,” said Abbe Lowell and Norm Eisen, Cook’s attorneys. “But if it is anything close to objective, the conclusion will be that Governor Cook did not commit mortgage fraud, leaving no cause to remove her from the Federal Reserve Board.” Lowell and Eisen said they have engaged with the White House to determine if this is a “genuine” process and that Cook “welcomes the opportunity to present the facts so she can clear her name and demonstrate there is no legal basis to fire her.” The memo follows a Supreme Court ruling in June, which allowed Cook to remain in her job for now. But the justices did not permanently block Trump from removing Cook, instead ruling that she had the right to an opportunity to defend herself. Trump’s latest move stems from allegations first leveled against Cook in August 2025 by Federal Housing Finance Agency chief Bill Pulte. Trump amplified those allegations on social media and, citing a “criminal referral” he said Pulte had sent to the Justice Department, attempted to remove her from the Fed’s board. Pulte alleged that Cook committed mortgage fraud, however documents obtained and reviewed by NBC News later revealed that Cook declared that the property in question was to be used as a “vacation home” and not her primary residence. The Federal Reserve declined to comment on Friday’s developments. Other top Trump administration officials, including Treasury Secretary Scott Bessent, reportedly have similar mortgage situations. Former Labor Secretary Lori Chavez-DeRemer, Transportation Secretary Sean Duffy and Environmental Protection Agency Administrator Lee Zeldin have all called more than one property their “primary residence” on mortgage applications, according to a report last year from ProPublica. Cook, a governor on the Federal Reserve’s board, has a permanent vote on interest rates. Trump and Pulte’s attacks on Cook came amid a long-running pressure campaign by the administration to get the U.S. central bank to cut interest rates. “President Trump is convening an illegitimate show trial in his dangerous quest to illegally take over our nation’s central bank,” said Sen. Elizabeth Warren, D-Mass., ranking member of the Senate Banking Committee, which oversees the Fed. “Instead of playing judge in a kangaroo court of his own making, Trump should end the war in Iran and cancel his chaotic tariffs,” Warren said. Trump also recently resumed his attacks on another Fed governor, Jerome Powell. Trump claimed Sept. 30 that the former chairman was complicit in cost overruns for a construction project at the central bank’s headquarters. However, an inspector general’s report found no wrongdoing. Trump responded to the report by writing on social media, “He should be forced to resign, IMMEDIATELY! If he doesn’t resign, he should be sued, at the highest level, by the United States Government, for either corruption or incompetence.” Following the post, Attorney General Todd Blanche told Bloomberg News, “We’re not reopening a criminal investigation into him.” Powell has remained on the Fed’s board despite the end of his term as chair, breaking with tradition. As long as Powell remains on the board, the Trump administration is denied the opportunity to name a new board member of the president’s choice. Cook has consistently maintained that she did nothing wrong. Just weeks ago, Cook’s lawyer told the White House for a second time that, “There is no legal basis for President Trump to remove Governor Cook for cause.” “An inadvertent error is not fraud, as the President and a third of his cabinet should know because they reportedly did the same thing,” Abbe Lowell said Aug. 26. “These attacks on Governor Cook are not about real estate paperwork; they are an attempt by President Trump to force the Federal Reserve to bend to his will.” Lowell said he and Cook were prepared to continue to fight “any illegal attempt to remove Governor Cook.” ","dateModified":"2026-10-09T15:00:53.820Z","datePublished":"2026-10-09T14:25:29.664Z","articleSection":"business","articleId":"rcna602500","identifier":{"@type":"PropertyValue","propertyID":"uid","value":"rcna602500"},"topics":"","image":{"@type":"ImageObject","@id":"https://www.nbcnews.com/business/economy/trump-probe-fed-gov-lisa-cook-rcna602500#primaryimage","url":"https://media-cldnry.s-nbcnews.com/image/upload/t_fit-1500w,f_auto,q_auto:best/rockcms/2026-10/261009-lisa-cook-ch-1008-aeb847.jpg","caption":"Lisa Cook in Moran, Wyo., on Aug. 28, 2026.","height":1666,"width":2500},"author":[{"@context":"https://schema.org/","@type":"Person","name":"Steve Kopack","image":"https://media-cldnry.s-nbcnews.com/image/upload/t_fit-1500w,f_auto,q_auto:best/newscms/2024_51/3672748/steve_kopack.jpg","jobTitle":"Senior Business Reporter","description":"Steve Kopack is a senior reporter at NBC News covering business and the economy.","url":"https://www.nbcnews.com/author/steve-kopack-ncpn387336","sameAs":["https://x.com/SteveKopack"]}],"publisher":{"@type":"NewsMediaOrganization","name":"NBC News","masthead":"https://www.nbcnews.com/news/us-news/nbc-news-digital-editors-n893846","url":"https://www.nbcnews.com","logo":{"@type":"ImageObject","url":"https://media-cldnry.s-nbcnews.com/image/upload/h_60/v1696280688/newsgroup-logos/nbcnews/logo/primary-black-424x45.png"},"sameAs":["https://x.com/nbcnews","https://www.pinterest.com/nbcnews/","https://www.facebook.com/NBCNews/","https://www.instagram.com/nbcnews/","https://www.youtube.com/nbcnews","https://www.snapchat.com/p/8bb879c7-45c0-499c-bb3c-7a3d0e229301/2193844248074240","https://www.tiktok.com/@nbcnews?lang=en","https://en.wikipedia.org/wiki/NBC_News"],"subOrganization":{"@type":"NewsMediaOrganization","name":"NBC Selected","alternateName":"NBC Select","masthead":"https://www.nbcnews.com/select/shopping/masthead-rcna167949","url":"https://www.nbcnews.com/select","logo":{"@type":"ImageObject","url":"https://media-cldnry.s-nbcnews.com/image/upload/h_112/rockcms/2026-05/selected-black-horizontal-f762bb.png"},"sameAs":["https://x.com/nbcselect","https://www.facebook.com/NBCSelect","https://www.instagram.com/nbcselect/","https://www.youtube.com/@NBCSelect","https://www.tiktok.com/@nbcselect","https://www.threads.com/@nbcselect","https://bsky.app/profile/nbcselect.nbcnews.com","https://x.com/nbcselected","https://www.facebook.com/NBCSelected","https://www.instagram.com/nbcselected/","https://www.youtube.com/@NBCSelected","https://www.tiktok.com/@nbcselected","https://www.threads.com/@nbcselected","https://bsky.app/profile/nbcselected.nbcnews.com","https://www.linkedin.com/showcase/nbc-selected/"]}},"description":"President Donald Trump established a committee to investigate Fed governor Lisa Cook, in his latest attempt to fire her. 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Lisa Cook in attempt to fire her</title><meta name="parsely-page" content="{"title":"Trump establishes panel to probe Fed governor Lisa Cook in latest attempt to fire her","link":"https://www.nbcnews.com/business/economy/trump-probe-fed-gov-lisa-cook-rcna602500","type":"post","image_url":"https://media-cldnry.s-nbcnews.com/image/upload/rockcms/2026-10/261009-lisa-cook-ch-1008-aeb847.jpg","pub_date":"2026-10-09T15:00:53.820Z","section":"trump-administration","authors":["Steve Kopack","Sahil Kapur"]}" data-next-head=""/><meta property="cXenseParse:author" content="Steve Kopack | Sahil Kapur" data-separator="|" data-next-head=""/><meta name="cXenseParse:publishtime" content="2026-10-09T15:00:53.820Z" data-next-head=""/><meta name="description" content="President Donald Trump established a committee to investigate Fed governor Lisa Cook, in his latest attempt to fire her. 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data-testid="unibrow-text">Economy</span></a></div></aside><div class="article-hero-headline layout-grid-item grid-col-10-l"><h1 class="article-hero-headline__htag lh-none-print black-print">Trump establishes panel to probe Fed governor Lisa Cook in latest attempt to fire her</h1><div class="styles_articleDek__Y1jmL styles_withImage__tTh_v" data-testid="article-dek">A Supreme Court ruling in June allowed Cook to stay in her job, but it did not bar the White House from trying to fire her again. </div><div class="article-decibel-wrapper article-decibel-wrapper--disabled"><div class="db:text-[16px] db:flex db:items-center db:flex-co founders-cond db:text-[var(--decibel-player-text-color)]" data-testid="decibel-player"><div class="_sentinel_6xqyt_23"></div><div class="db:hidden" data-testid="decibel-jw-player-container"><div id="decibel-jw-player"></div></div><div data-testid="decibel-player-wrapper" 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layout-grid-item grid-col-10-xl grid-col-push-2-xl" data-testid="caption"><span class="caption__container styles_caption__container___j6iR" data-testid="caption__container">As a governor on the Federal Reserve’s board, Lisa Cook has a permanent vote on interest rates.</span><span class="caption__source styles_caption__source__Ocj6S" data-testid="caption__source">David Paul Morris / Bloomberg via Getty</span></figcaption></div></section><div class="article-body" data-activity-map="article-article-body" data-taboola-target="read-more" data-testid="article-body"><div class="article-body__grid--container"><div class="ad dn-print" data-testid="ad__container"><div data-mps="true" data-slot="interstitial" data-sizes="[[[0,0],[[4,4]]]]" data-targeting="{}" data-render-on-view="true" data-active-tab="true" data-refresh-interval="0" data-testid="ad__container__inner"></div></div><div class="article-body__section"><div class="article-body layout-grid-item layout-grid-item--with-gutter-s-only 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EDT<span> / </span>Updated<!-- --> <!-- -->Oct. 9, 2026, 11:00 AM EDT</time></div><div class="relative"><div class="article-inline-byline" data-testid="article-byline-inline" data-activity-map="inline-byline-article-top">By <span class="byline-name" data-testid="byline-name"><a href="https://www.nbcnews.com/author/steve-kopack-ncpn387336">Steve Kopack</a></span></div></div></section><div class="article-body__content"><p id="anchor-316914" class="body-graf">President Donald Trump on Friday signed an order directing the attorney general and other top federal officials to establish a committee to investigate Federal Reserve governor Lisa Cook, in his latest attempt to fire her.</p><div id=""></div><p id="anchor-838f8d" class="body-graf">“By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby establish a committee of inquiry (Committee) to investigate allegations that Federal Reserve Governor Lisa D. Cook made false statements in connection with one or more mortgage instruments,” read a presidential memorandum posted to the White House website.</p><div class="ad dn-print ad--text-alignment ad-container boxinlineAd" data-testid="ad__container"><div data-mps="true" data-slot="boxinline" data-sizes="[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]" data-targeting="{}" data-render-on-view="true" data-active-tab="true" data-offset-viewport="100" data-testid="ad__container__inner"></div></div><div id="taboolaReadMoreBelow"></div><p id="anchor-884829" class="body-graf">It said that the committee would “investigate the allegations against Governor Cook and report to me whether there is ‘cause’ for Governor Cook’s removal.”</p><p id="anchor-df9c3b" class="body-graf">“Governor Cook may submit a written position statement to the Committee regarding the allegations,” the memorandum said. </p><p id="anchor-2e8b76" class="body-graf">The unprecedented White House announcement comes after a top White House official in August <a href="https://www.reuters.com/world/us/trump-moving-forward-with-attempt-fire-lisa-cook-after-supreme-court-ruling-abc-2026-08-07/" target="_blank">wrote a letter to Cook</a>, saying that Trump was considering removing her from the Federal Reserve board. </p><p id="anchor-cc8bc9" class="body-graf">The White House memorandum said that Cook “shall appear at the hearing and be examined by the Committee,” as well as “present argument, written evidence, and written witness statements regarding the evidence and allegations.”</p><div class="ad dn-print ad--text-alignment ad-container boxinlineAd" data-testid="ad__container"><div data-mps="true" data-slot="boxinline" data-sizes="[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]" data-targeting="{}" data-render-on-view="true" data-active-tab="true" data-offset-viewport="100" data-testid="ad__container__inner"></div></div><p id="anchor-b8a233" class="body-graf">The committee is set to meet Nov. 5 for the hearing, two days after the midterm elections. No president has ever fired a top Fed official.</p><p id="anchor-55d2a2" class="body-graf">“In light of the President’s repeated statements that he has already decided to fire Governor Cook — regardless of the facts and evidence — we have grave doubts that this ‘hearing’ is a legitimate one that would conform to the law,” said Abbe Lowell and Norm Eisen, Cook’s attorneys. </p><p id="anchor-eada39" class="body-graf">“But if it is anything close to objective, the conclusion will be that Governor Cook did not commit mortgage fraud, leaving no cause to remove her from the Federal Reserve Board.” </p><p id="anchor-2f3678" class="body-graf">Lowell and Eisen said they have engaged with the White House to determine if this is a “genuine” process and that Cook “welcomes the opportunity to present the facts so she can clear her name and demonstrate there is no legal basis to fire her.”</p><p id="anchor-e27f53" class="body-graf"><a href="https://www.nbcnews.com/politics/supreme-court/supreme-court-rules-trump-cannot-fire-fed-member-lisa-cook-grants-powe-rcna234931" target="_blank">The memo follows a Supreme Court ruling in June, which</a> allowed Cook to remain in her job for now. But the justices did not permanently block Trump from removing Cook, instead ruling that she had the right to an opportunity to defend herself.</p><p id="anchor-4b78fe" class="body-graf">Trump’s latest move stems from allegations <a href="https://www.nbcnews.com/politics/white-house/trump-removing-federal-reserve-governor-lisa-cook-rcna227138" target="_blank">first leveled against Cook in August 2025</a> by Federal Housing Finance Agency chief Bill Pulte. Trump amplified those allegations on social media and, citing a “criminal referral” he said Pulte had sent to the Justice Department, attempted to remove her from the Fed’s board.</p><div class="ad dn-print ad--text-alignment ad-container boxinlineAd" data-testid="ad__container"><div data-mps="true" data-slot="boxinline" data-sizes="[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]" data-targeting="{}" data-render-on-view="true" data-active-tab="true" data-offset-viewport="100" data-testid="ad__container__inner"></div></div><p id="anchor-d68237" class="body-graf">Pulte alleged that Cook committed mortgage fraud, however <a href="https://www.nbcnews.com/politics/trump-administration/lisa-cook-federal-reserve-bank-documents-mortgage-fraud-allegations-rcna230964" target="_blank">documents obtained and reviewed by NBC News later</a> revealed that Cook declared that the property in question was to be used as a “vacation home” and not her primary residence.</p><p id="anchor-119cec" class="body-graf">The Federal Reserve declined to comment on Friday’s developments.</p><p id="anchor-df65a1" class="body-graf">Other top Trump administration officials, including Treasury Secretary Scott Bessent,<a href="https://www.bloomberg.com/news/articles/2025-09-17/bessent-like-fed-governor-made-contradictory-mortgage-pledges" target="_blank"> reportedly have similar mortgage situations.</a></p><div class="styles_subscriberRecirc__a3Bzz styles_desktopOnly__hpl90" data-testid="subscriber-recirc"><section class="isShowingPagination styles_baconPackage__x5CxP pkg bacon" data-activity-map="bacon-article-body-for-subscribers-carousel" data-testid="baconPackage" role="region" aria-label="For Subscribers"><div class="styles_notchedHorizontalRule__IXHHh styles_baconHeaderTopBorder__XMrAg" data-testid="bacon__header__top-border"></div><div class="styles_baconHeader__ZH_Ct styles_flexColumn__UqXXx"><div class="styles_baconHeaderHeadline__sPIAa"><button type="button" class="styles_baconHeaderHeadlineBtn__v19tI" data-testid="bacon__header"><h2 class="styles_baconTitle__2YM1v" data-testid="bacon__headline">For Subscribers</h2></button></div><div class="styles_baconHeaderInner__tJoZO"><div class="styles_baconPagingDots__LRox6" data-testid="bacon__paging-dots" role="tablist" aria-label="Slides"><button type="button" id=":Rakloqh8j6:-slide-tab-1" role="tab" aria-label="Slide 1" aria-controls=":Rakloqh8j6:-slide-panel" aria-selected="true" data-testid="bacon__header__paging-dot" class="styles_baconPagingDot__3FVnr styles_baconPagingDotIsCurrent__1XyBp"></button></div></div></div><div class="styles_baconScrollWrapper__uT3jW" id=":Rakloqh8j6:-slide-panel" role="tabpanel" aria-labelledby=":Rakloqh8j6:-slide-tab-1" tabindex="0"><div data-testid="bacon-scroll-container" class="styles_baconScrollContainer__qqMo9"><div class="styles_baconCardWrapper__XmX8I styles_twoOneSmall__HCaDK" data-test-id="card" data-testid="baconCardWrapper"><div class="styles_baconCardsWidthByOne__0Siyf" data-testid="x-by-one__container" data-contentid="rcna602143"><div class="styles_baconCardsWidthByOneTeasePictureLinkWrapper__NX9ks"><div><a href="https://www.nbcnews.com/news/us-news/oklahoma-roommate-death-kore-bommeli-talina-galloway-rcna602143" data-product-id="rcna602143" data-testid="x-by-one__tease-picture__link" target="_self" data-icid="for subscribers carousel" class="styles_baconCardsWidthByOneTeasePictureLink__BbT9c"><picture class="teasePicture styles_container__RKqdw" data-testid="picture" data-flavor="focal" data-original-height="130" data-original-width="260"><source media="(min-width: 320px)" srcSet="https://media-cldnry.s-nbcnews.com/image/upload/t_focal-260x130,f_avif,q_auto:best/rockcms/2026-10/07-kore-bommelli-murder-jg-45ff31.jpg"/><img loading="lazy" src="https://media-cldnry.s-nbcnews.com/image/upload/t_focal-260x130,f_avif,q_auto:best/rockcms/2026-10/07-kore-bommelli-murder-jg-45ff31.jpg" alt="" height="130" width="260"/></picture><div class="styles_typeWrapper__M9i2E"></div></a></div></div><h3 class="styles_baconCardsWidthByOneHeader__QY1wF styles_noEyebrow__DB43E" data-testid="x-by-one__headline__header"><span class="subscriber-badge styles_subscriberBadge__Lc_nV tease-link-badge styles_inlineSubscriberBadge__3fOjZ styles_inlineCompact__XWOuR" data-testid="subscriber-badge"><img src="https://media-cldnry.s-nbcnews.com/image/upload/rockcms/2026-01/asterisk-43f04b.svg" alt=""/><span class="styles_text__CtcQ0">FOR SUBSCRIBERS</span></span><a href="https://www.nbcnews.com/news/us-news/oklahoma-roommate-death-kore-bommeli-talina-galloway-rcna602143" data-product-id="rcna602143" data-testid="x-by-one__headline__link" target="_self" data-icid="for subscribers carousel" class="styles_baconCardsWidthByOneHeaderLink__rZHMj"><span class="styles_baconCardsWidthByOneHeaderLinkIcon__OGUC8"></span>Police found her roommate dismembered. 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class="styles_baconCardsWidthByOneHeaderLink__rZHMj"><span class="styles_baconCardsWidthByOneHeaderLinkIcon__OGUC8"></span>‘I just want to hold him’: USS Lincoln sailor to meet his 10-month-old son as ship docks</a></h3><div></div></div></div></div><div class="styles_baconNextBtnContainer__ioPom" data-testid="bacon__page-btns__next-container"><button type="button" class="styles_baconPageBtnNext__zLHDr" data-testid="bacon__page-btns__next"><span class="styles_baconPageBtnIcon__OQgqd icon icon-angle-down"></span></button></div><span class="sr-only" aria-live="polite" aria-atomic="true">Slide 1 of 1</span></div></section></div><div class="styles_subscriberRecirc__a3Bzz styles_mobileOnly__6qnMm" data-testid="subscriber-recirc"><section class="isShowingPagination styles_baconPackage__x5CxP pkg bacon" data-activity-map="bacon-article-body-for-subscribers-carousel" data-testid="baconPackage" role="region" aria-label="For Subscribers"><div class="styles_notchedHorizontalRule__IXHHh 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class="styles_baconCardsWidthByOneHeaderLink__rZHMj"><span class="styles_baconCardsWidthByOneHeaderLinkIcon__OGUC8"></span>‘I just want to hold him’: USS Lincoln sailor to meet his 10-month-old son as ship docks</a></h3><div></div></div></div></div><div class="styles_baconNextBtnContainer__ioPom" data-testid="bacon__page-btns__next-container"><button type="button" class="styles_baconPageBtnNext__zLHDr" data-testid="bacon__page-btns__next"><span class="styles_baconPageBtnIcon__OQgqd icon icon-angle-down"></span></button></div><span class="sr-only" aria-live="polite" aria-atomic="true">Slide 1 of 1</span></div></section></div><p id="anchor-a93567" class="body-graf">Former Labor Secretary Lori Chavez-DeRemer, Transportation Secretary Sean Duffy and Environmental Protection Agency Administrator Lee Zeldin have all called more than one property their “primary residence” on mortgage applications, according to a <a href="https://www.propublica.org/article/trump-cabinet-mortgage-fraud" target="_blank">report last year from ProPublica</a>.</p><p id="anchor-dd5502" class="body-graf">Cook, a governor on the Federal Reserve’s board, has a permanent vote on interest rates. Trump and Pulte’s attacks on Cook came amid a long-running pressure campaign by the administration to get the U.S. central bank to cut interest rates.</p><p id="anchor-9c21fb" class="body-graf">“President Trump is convening an illegitimate show trial in his dangerous quest to illegally take over our nation’s central bank,” said Sen. Elizabeth Warren, D-Mass., ranking member of the Senate Banking Committee, which oversees the Fed.</p><div class="ad dn-print ad--text-alignment ad-container boxinlineAd" data-testid="ad__container"><div data-mps="true" data-slot="boxinline" data-sizes="[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]" data-targeting="{}" data-render-on-view="true" data-active-tab="true" data-offset-viewport="100" data-testid="ad__container__inner"></div></div><p id="anchor-f576cb" class="body-graf">“Instead of playing judge in a kangaroo court of his own making, Trump should end the war in Iran and cancel his chaotic tariffs,” Warren said.</p><p id="anchor-d9d3f1" class="body-graf">Trump also recently resumed his attacks on another Fed governor, Jerome Powell. Trump claimed Sept. 30 that the former chairman was complicit in cost overruns for a construction project at the central bank’s headquarters. However, <a href="https://www.nbcnews.com/news/us-news/federal-reserve-renovation-watchdog-report-rcna600656" target="_blank">an inspector general’s report found no wrongdoing. </a></p><p id="anchor-2a37ee" class="body-graf">Trump responded to the report by writing on social media, “He should be forced to resign, IMMEDIATELY! If he doesn’t resign, he should be sued, at the highest level, by the United States Government, for either corruption or incompetence.” </p><p id="anchor-1b2a75" class="body-graf">Following the post, Attorney General Todd Blanche <a href="https://www.bloomberg.com/news/articles/2026-10-02/doj-not-reopening-criminal-probe-into-fed-s-powell-blanche-says" target="_blank">told Bloomberg News</a>, “We’re not reopening a criminal investigation into him.” </p><p id="anchor-6d3715" class="body-graf">Powell has remained on the Fed’s board despite the end of his term as chair, breaking with tradition. As long as Powell remains on the board, the Trump administration is denied the opportunity to name a new board member of the president’s choice.</p><p id="anchor-62b9fe" class="body-graf">Cook has consistently maintained that she did nothing wrong.</p><div class="ad dn-print ad--text-alignment ad-container boxinlineAd" data-testid="ad__container"><div data-mps="true" data-slot="boxinline" data-sizes="[[[1000,1],[]],[[758,1],[[300,250],[700,50],[5,5],[728,90],[360,360]]],[[0,0],[[300,250],[700,50],[5,5],[360,360]]]]" data-targeting="{}" data-render-on-view="true" data-active-tab="true" data-offset-viewport="100" data-testid="ad__container__inner"></div></div><p id="anchor-9f57c9" class="body-graf">Just weeks ago, Cook’s lawyer told the White House for a second time that, “There is no legal basis for President Trump to remove Governor Cook for cause.”</p><p id="anchor-e8deeb" class="body-graf">“An inadvertent error is not fraud, as the President and a third of his cabinet should know because they reportedly did the same thing,” Abbe Lowell said Aug. 26. “These attacks on Governor Cook are not about real estate paperwork; they are an attempt by President Trump to force the Federal Reserve to bend to his will.”</p><p id="anchor-1db051" class="endmark body-graf">Lowell said he and Cook were prepared to continue to fight “any illegal attempt to remove Governor Cook.” </p></div><div class="article-body__content"><div class="article-social-share-bottom"><div class="styles_shareActionsContainer__bM9OX" data-testid="share-actions-container"><div class="styles_shareDropdownWrapper__HCkyK" data-activity-map="share-dropdown-article-bottom" data-testid="share-dropdown"><button type="button" class="styles_shareButton__JYLsa" aria-label="Share" aria-expanded="false" aria-haspopup="dialog" data-testid="share-dropdown-button"><svg class="styles_shareTriggerIcon__bwSeI" viewBox="0 0 20 17" data-brand="news" focusable="false" aria-hidden="true"><defs><clipPath 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type=\"button\"\u003e\u003cspan\u003e\u003c/span\u003e\u003cspan\u003e\u003c/span\u003e\u003cspan\u003e\u003c/span\u003e\u003c/button\u003e\u003cdiv class=\"login__dropdown js-auth-options\" role=\"menu\" id=\"account-dropdown-menu\" style=\"display: none;\"\u003e\u003cdiv class=\"login__inner\"\u003e\u003cdiv class=\"login__section login__section--group\"\u003e\u003cp class=\"login__section-title\" role=\"presentation\"\u003eFor You\u003c/p\u003e\u003ca class=\"login__option nav-only\" href=\"/subscriber/articles\" role=\"menuitem\" tabindex=\"-1\" data-subscriber-only=\"true\" target=\"_self\"\u003eSubscriber Hub\u003c/a\u003e\u003ca class=\"login__option\" href=\"/profile/saved\" role=\"menuitem\" tabindex=\"-1\" target=\"_self\"\u003eSaved\u003c/a\u003e\u003ca class=\"login__option\" href=\"/profile/newsletters\" role=\"menuitem\" tabindex=\"-1\" target=\"_self\"\u003eNewsletters\u003c/a\u003e\u003c/div\u003e\u003cdiv class=\"login__section login__section--group\"\u003e\u003cp 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target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eBusiness\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"http://www.nbcnews.com/sports\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eSports\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/investigations\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eInvestigations\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/culture-matters\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eCulture \u0026amp; Trends\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/health\" target=_self 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class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/bay-area\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eBay Area\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/miami\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eSouth Florida\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/san-diego\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eSan Diego\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/connecticut\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eConnecticut\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv class=\"menu-section menu-section-tv\"\u003e\u003ch3 class=\"menu-section-heading\"\u003etv\u003c/h3\u003e\u003cul class=\"menu-list\"\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.today.com/\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eToday\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/nightly-news\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eNightly News\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/meet-the-press\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eMeet the Press\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/dateline\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eDateline\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/div\u003e\u003cdiv class=\"menu-section menu-section-featured\"\u003e\u003ch3 class=\"menu-section-heading\"\u003eFeatured\u003c/h3\u003e\u003cul class=\"menu-list\"\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/watch\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eNBC News Now\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/nightly-films\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eNightly Films\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://story.snapchat.com/p/8bb879c7-45c0-499c-bb3c-7a3d0e229301/347654839924736\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eStay Tuned\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/specials\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eSpecial Features\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/newsletters\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003eNewsletters\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca href=\"https://www.nbcnews.com/podcasts\" target=_self class=\"menu-list-item-link\"\u003e\u003cspan class=\"menu-list-item-title\"\u003ePodcasts\u003c/span\u003e\u003c/a\u003e\u003c/li\u003e\u003cli class=\"menu-list-item\"\u003e\u003ca 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","sentiment":"none","content":{"text":["President Donald Trump on Friday signed an order directing the attorney general and other top federal officials to establish a committee to investigate Federal Reserve governor Lisa Cook, in his latest attempt to fire her.","“By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby establish a committee of inquiry (Committee) to investigate allegations that Federal Reserve Governor Lisa D. Cook made false statements in connection with one or more mortgage instruments,” read a presidential memorandum posted to the White House website.","It said that the committee would “investigate the allegations against Governor Cook and report to me whether there is ‘cause’ for Governor Cook’s removal.”","“Governor Cook may submit a written position statement to the Committee regarding the allegations,” the memorandum said. ","The unprecedented White House announcement comes after a top White House official in August wrote a letter to Cook, saying that Trump was considering removing her from the Federal Reserve board. ","The White House memorandum said that Cook “shall appear at the hearing and be examined by the Committee,” as well as “present argument, written evidence, and written witness statements regarding the evidence and allegations.”","The committee is set to meet Nov. 5 for the hearing, two days after the midterm elections. No president has ever fired a top Fed official.","“In light of the President’s repeated statements that he has already decided to fire Governor Cook — regardless of the facts and evidence — we have grave doubts that this ‘hearing’ is a legitimate one that would conform to the law,” said Abbe Lowell and Norm Eisen, Cook’s attorneys. ","“But if it is anything close to objective, the conclusion will be that Governor Cook did not commit mortgage fraud, leaving no cause to remove her from the Federal Reserve Board.” ","Lowell and Eisen said they have engaged with the White House to determine if this is a “genuine” process and that Cook “welcomes the opportunity to present the facts so she can clear her name and demonstrate there is no legal basis to fire her.”","The memo follows a Supreme Court ruling in June, which allowed Cook to remain in her job for now. But the justices did not permanently block Trump from removing Cook, instead ruling that she had the right to an opportunity to defend herself.","Trump’s latest move stems from allegations first leveled against Cook in August 2025 by Federal Housing Finance Agency chief Bill Pulte. Trump amplified those allegations on social media and, citing a “criminal referral” he said Pulte had sent to the Justice Department, attempted to remove her from the Fed’s board.","Pulte alleged that Cook committed mortgage fraud, however documents obtained and reviewed by NBC News later revealed that Cook declared that the property in question was to be used as a “vacation home” and not her primary residence.","The Federal Reserve declined to comment on Friday’s developments.","Other top Trump administration officials, including Treasury Secretary Scott Bessent, reportedly have similar mortgage situations.","Former Labor Secretary Lori Chavez-DeRemer, Transportation Secretary Sean Duffy and Environmental Protection Agency Administrator Lee Zeldin have all called more than one property their “primary residence” on mortgage applications, according to a report last year from ProPublica.","Cook, a governor on the Federal Reserve’s board, has a permanent vote on interest rates. Trump and Pulte’s attacks on Cook came amid a long-running pressure campaign by the administration to get the U.S. central bank to cut interest rates.","“President Trump is convening an illegitimate show trial in his dangerous quest to illegally take over our nation’s central bank,” said Sen. Elizabeth Warren, D-Mass., ranking member of the Senate Banking Committee, which oversees the Fed.","“Instead of playing judge in a kangaroo court of his own making, Trump should end the war in Iran and cancel his chaotic tariffs,” Warren said.","Trump also recently resumed his attacks on another Fed governor, Jerome Powell. Trump claimed Sept. 30 that the former chairman was complicit in cost overruns for a construction project at the central bank’s headquarters. However, an inspector general’s report found no wrongdoing. ","Trump responded to the report by writing on social media, “He should be forced to resign, IMMEDIATELY! If he doesn’t resign, he should be sued, at the highest level, by the United States Government, for either corruption or incompetence.” ","Following the post, Attorney General Todd Blanche told Bloomberg News, “We’re not reopening a criminal investigation into him.” ","Powell has remained on the Fed’s board despite the end of his term as chair, breaking with tradition. As long as Powell remains on the board, the Trump administration is denied the opportunity to name a new board member of the president’s choice.","Cook has consistently maintained that she did nothing wrong.","Just weeks ago, Cook’s lawyer told the White House for a second time that, “There is no legal basis for President Trump to remove Governor Cook for cause.”","“An inadvertent error is not fraud, as the President and a third of his cabinet should know because they reportedly did the same thing,” Abbe Lowell said Aug. 26. “These attacks on Governor Cook are not about real estate paperwork; they are an attempt by President Trump to force the Federal Reserve to bend to his will.”","Lowell said he and Cook were prepared to continue to fight “any illegal attempt to remove Governor Cook.” "]},"documentTracing":{"currentMessageId":{"id":"59e084ab-785a-4b5c-b4ff-6416ca0ecf6c","updatedDate":"Fri Oct 09 2026 15:17:04 GMT+0000 (UTC)"},"correlationID":"1d55ea1b-f8c9-4c7e-961b-ae09256c7565","type":"article"},"flag":null,"unibrow":{"logo":null,"taxonomyPath":"nbcnews/section/business/economy","text":"Economy","url":{"primary":"https://www.nbcnews.com/business/economy"}},"primaryMedia":{"presentation":{"alignment":"left","size":"medium","style":"default","byline":null,"hideRecommendations":false,"hideProductRecommendations":false},"type":"embeddedImage","image":{"id":"rcim575340","headline":{"primary":null,"tease":null,"seo":null,"social":null},"caption":"As a governor on the Federal Reserve’s board, Lisa Cook has a permanent vote on interest rates.","altText":"Lisa Cook.","url":{"primary":"https://media-cldnry.s-nbcnews.com/image/upload/rockcms/2026-10/261009-lisa-cook-ch-1008-aeb847.jpg"},"imageUrl":{"aims":"https://media1.s-nbcnews.com/i/rockcms/2026-10/575340/261009-lisa-cook-ch-1008-aeb847_2cf9fd896acff34770df429d815349b3823522c2.jpg","cloudinary":"https://media-cldnry.s-nbcnews.com/image/upload/rockcms/2026-10/261009-lisa-cook-ch-1008-aeb847.jpg","telemundo":null},"encodingFormat":"image/jpeg","height":1666,"width":2500,"authors":[{"name":"David Paul Morris"}],"source":{"name":"Bloomberg via Getty","copyright":null},"graphicContent":false,"imageContentType":[]},"elementId":null},"audioNarration":{"audio":{"audioAssets":[{"playbackUrl":"https://audioassets.prod.nbcnewstools.net/speechcraft/audio/rcna602500/01a1213d-4628-708c-9662-56e995bcb62b.mp3","duration":334}]}},"headline":{"primary":"Trump establishes panel to probe Fed governor Lisa Cook in latest attempt to fire her","seo":"Trump panel to probe Fed gov. 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","elementId":"2e8b76","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"The White House memorandum said that Cook “shall appear at the hearing and be examined by the Committee,” as well as “present argument, written evidence, and written witness statements regarding the evidence and allegations.”","elementId":"cc8bc9","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"The committee is set to meet Nov. 5 for the hearing, two days after the midterm elections. No president has ever fired a top Fed official.","elementId":"b8a233","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"“In light of the President’s repeated statements that he has already decided to fire Governor Cook — regardless of the facts and evidence — we have grave doubts that this ‘hearing’ is a legitimate one that would conform to the law,” said Abbe Lowell and Norm Eisen, Cook’s attorneys. ","elementId":"55d2a2","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"“But if it is anything close to objective, the conclusion will be that Governor Cook did not commit mortgage fraud, leaving no cause to remove her from the Federal Reserve Board.” ","elementId":"eada39","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Lowell and Eisen said they have engaged with the White House to determine if this is a “genuine” process and that Cook “welcomes the opportunity to present the facts so she can clear her name and demonstrate there is no legal basis to fire her.”","elementId":"2f3678","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"\u003ca href=\"https://www.nbcnews.com/politics/supreme-court/supreme-court-rules-trump-cannot-fire-fed-member-lisa-cook-grants-powe-rcna234931\" target=\"_blank\"\u003eThe memo follows a Supreme Court ruling in June, which\u003c/a\u003e allowed Cook to remain in her job for now. But the justices did not permanently block Trump from removing Cook, instead ruling that she had the right to an opportunity to defend herself.","elementId":"e27f53","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Trump’s latest move stems from allegations \u003ca href=\"https://www.nbcnews.com/politics/white-house/trump-removing-federal-reserve-governor-lisa-cook-rcna227138\" target=\"_blank\"\u003efirst leveled against Cook in August 2025\u003c/a\u003e by Federal Housing Finance Agency chief Bill Pulte. Trump amplified those allegations on social media and, citing a “criminal referral” he said Pulte had sent to the Justice Department, attempted to remove her from the Fed’s board.","elementId":"4b78fe","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Pulte alleged that Cook committed mortgage fraud, however \u003ca href=\"https://www.nbcnews.com/politics/trump-administration/lisa-cook-federal-reserve-bank-documents-mortgage-fraud-allegations-rcna230964\" target=\"_blank\"\u003edocuments obtained and reviewed by NBC News later\u003c/a\u003e revealed that Cook declared that the property in question was to be used as a “vacation home” and not her primary residence.","elementId":"d68237","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"The Federal Reserve declined to comment on Friday’s developments.","elementId":"119cec","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Other top Trump administration officials, including Treasury Secretary Scott Bessent,\u003ca href=\"https://www.bloomberg.com/news/articles/2025-09-17/bessent-like-fed-governor-made-contradictory-mortgage-pledges\" target=\"_blank\"\u003e reportedly have similar mortgage situations.\u003c/a\u003e","elementId":"df65a1","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Former Labor Secretary Lori Chavez-DeRemer, Transportation Secretary Sean Duffy and Environmental Protection Agency Administrator Lee Zeldin have all called more than one property their “primary residence” on mortgage applications, according to a \u003ca href=\"https://www.propublica.org/article/trump-cabinet-mortgage-fraud\" target=\"_blank\"\u003ereport last year from ProPublica\u003c/a\u003e.","elementId":"a93567","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Cook, a governor on the Federal Reserve’s board, has a permanent vote on interest rates. Trump and Pulte’s attacks on Cook came amid a long-running pressure campaign by the administration to get the U.S. central bank to cut interest rates.","elementId":"dd5502","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"“President Trump is convening an illegitimate show trial in his dangerous quest to illegally take over our nation’s central bank,” said Sen. Elizabeth Warren, D-Mass., ranking member of the Senate Banking Committee, which oversees the Fed.","elementId":"9c21fb","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"“Instead of playing judge in a kangaroo court of his own making, Trump should end the war in Iran and cancel his chaotic tariffs,” Warren said.","elementId":"f576cb","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Trump also recently resumed his attacks on another Fed governor, Jerome Powell. Trump claimed Sept. 30 that the former chairman was complicit in cost overruns for a construction project at the central bank’s headquarters. However, \u003ca href=\"https://www.nbcnews.com/news/us-news/federal-reserve-renovation-watchdog-report-rcna600656\" target=\"_blank\"\u003ean inspector general’s report found no wrongdoing. \u003c/a\u003e","elementId":"d9d3f1","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Trump responded to the report by writing on social media, “He should be forced to resign, IMMEDIATELY! If he doesn’t resign, he should be sued, at the highest level, by the United States Government, for either corruption or incompetence.” ","elementId":"2a37ee","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Following the post, Attorney General Todd Blanche \u003ca href=\"https://www.bloomberg.com/news/articles/2026-10-02/doj-not-reopening-criminal-probe-into-fed-s-powell-blanche-says\" target=\"_blank\"\u003etold Bloomberg News\u003c/a\u003e, “We’re not reopening a criminal investigation into him.” ","elementId":"1b2a75","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Powell has remained on the Fed’s board despite the end of his term as chair, breaking with tradition. As long as Powell remains on the board, the Trump administration is denied the opportunity to name a new board member of the president’s choice.","elementId":"6d3715","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Cook has consistently maintained that she did nothing wrong.","elementId":"62b9fe","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Just weeks ago, Cook’s lawyer told the White House for a second time that, “There is no legal basis for President Trump to remove Governor Cook for cause.”","elementId":"9f57c9","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"“An inadvertent error is not fraud, as the President and a third of his cabinet should know because they reportedly did the same thing,” Abbe Lowell said Aug. 26. “These attacks on Governor Cook are not about real estate paperwork; they are an attempt by President Trump to force the Federal Reserve to bend to his will.”","elementId":"e8deeb","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}},{"type":"markup","element":"p","html":"Lowell said he and Cook were prepared to continue to fight “any illegal attempt to remove Governor Cook.” ","elementId":"1db051","dataAttributes":[],"contentRules":{"contentClassifications":["UNRESTRICTED"]}}],"datePublished":"Fri Oct 09 2026 15:00:53 GMT+0000 (UTC)","dateModified":"Fri Oct 09 2026 15:17:04 GMT+0000 (UTC)","dateCreated":"Fri Oct 09 2026 14:25:29 GMT+0000 (UTC)","source":null,"presentation":{"alignment":"left","size":"medium","style":"default","byline":"EXPANDED","hideRecommendations":false,"hideProductRecommendations":false},"publisher":{"name":"nbcnews"},"subnav":null,"eventDateTime":{"endsAt":null}}],"error":null,"isNativeAd":false,"presentation":{"alignment":"left","size":"medium","style":"default","byline":"EXPANDED","hideRecommendations":false,"hideProductRecommendations":false},"fetchingRelated":false,"relatedArticles":null,"isLoadingMostPopularStories":false,"subscriberRecircItems":[{"id":"rcna602143","type":"article","headline":{"tease":"Police found her roommate dismembered. 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