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Trump announces committee to investigate Federal Reserve’s Lisa Cook

Photo: Associated Press

In an extraordinary ramping-up of his ongoing efforts to fire Federal Reserve Governor Lisa Cook, President Donald Trump has ordered a committee to investigate mortgage fraud allegations against her, culminating in a closed-door, in-person hearing at the White House next month.

The move, laid out in a memo signed by the president and announced on Friday, creates a three-person "committee of inquiry" to hear the charges against Cook and allow her an opportunity to respond at the Nov. 5 hearing.

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