President Donald Trump has initiated an investigation into Federal Reserve Governor Lisa Cook, marking a significant move regarding the leadership of the U.S. central bank. The administration has established a White House committee tasked with reviewing the governor's conduct, specifically addressing allegations of mortgage fraud. These proceedings are scheduled to take place in a closed-door hearing.

Reports on the nature of the action differ between outlets. Fox News characterizes the move as the establishment of a specific investigative committee focused on fraud allegations. In contrast, Al Jazeera reports that the administration has begun efforts to remove Cook from her position on the Federal Reserve Board and notes that litigation related to her status is currently underway. While both sources confirm that an investigation is active, they diverge on the primary mechanism and the stated intent behind the probe. The administration has not yet released a detailed public statement regarding the specific evidence supporting the fraud claims or the expected timeline for the committee's findings.