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Trump launches committee to probe Fed's Lisa Cook, White House says

US President Donald Trump has formed a committee to investigate Fed Governor Lisa Cook over allegations she made false statements in connection with mortgages, according to a notice on the White House website on Friday.

Federal Reserve Governor Lisa Cook, accompanied by lawyer Abbe Lowell, 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

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