A White House committee has rescheduled its hearing for Federal Reserve Governor Lisa Cook to December 14th, following a request from Cook. The committee is investigating allegations of false statements made by Cook regarding mortgage applications, which could lead to her dismissal by President Trump.
The Supreme Court had previously blocked Trump’s attempt to fire Cook without due process, and her legal team has raised concerns about the committee’s fairness. Cook denies any wrongdoing and claims the allegations are a pretext for Trump’s desire for her to vote for lower interest rates.
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A special committee appointed by President Donald Trump has postponed a crucial hearing for Federal Reserve Governor Lisa Cook. The hearing, initially slated for Thursday, has been rescheduled to December 14th, according to a White House official. This committee of inquiry was established in early October to investigate allegations that Cook made false statements concerning mortgage instruments, which could potentially lead to her dismissal.
The situation is complex, as the Supreme Court had previously intervened in August 2025, barring Trump from summarily firing Cook without due process. The postponement reportedly came at the request of Governor Cook herself. Her legal counsel, Abbe Lowell, had previously raised concerns about the fairness and objectivity of the committee's proceedings. Lowell also indicated that Cook would be occupied with official duties, including financial and monetary policy meetings in Europe, making an earlier hearing impossible.
The New York Times was the first to report on the rescheduling. President Trump's committee is tasked with determining if there is sufficient "cause" for Governor Cook's removal, a threshold mentioned in a federal law and referenced in the Supreme Court's June ruling that temporarily blocked her termination. The committee members include Kevin Hassett, assistant to the president for economic policy; Andrea Lucas, chair of the Equal Employment Opportunity Commission; and Keith Sonderling, director of the Office of Government Ethics.
Governor Cook has maintained her innocence, denying any wrongdoing. In legal filings challenging her dismissal, she has argued that the mortgage statement allegations are a pretext, and that the real reason for Trump's attempt to remove her is her refusal to support his demands for lower interest rates. The establishment of this committee appears to be Trump's effort to demonstrate that Cook is now being afforded due process, following the Supreme Court's decision that she was not adequately given such process in the initial attempt to fire her.
Federal Reserve Board Governor Lisa Cook participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC.
Kevin Dietsch | Getty Images
