Trump summons Fed Governor Cook for inquiry

President Donald Trump will hold a White House hearing regarding allegations against Federal Reserve Governor Lisa Cook. Lawyers for Cook maintain there is no legal basis for her removal.

Federal Reserve Governor Lisa Cook walks outside the U.S. Supreme Court, as Supreme Court justices consider U.S. President Donald Trump's effort to fire her, in Washington, D.C., U.S., January 21, 2026. REUTERS/Nathan Howard

Donald Trump will summon Federal Reserve Governor Lisa Cook to the White House for an in-person hearing regarding mortgage allegations, escalating his removal bid in the United States. The confrontation comes just weeks ahead of congressional elections that will determine partisan control of Capitol Hill. Trump has spent more than a year trying to oust Cook as he pushes for lower interest rates.

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