# Trump Attempts to Fire Fed Governor Lisa Cook

> Trump creates committee to investigate Fed Governor Lisa Cook over mortgage fraud claims.
- Title: Trump Attempts to Fire Fed Governor Lisa Cook · Mother Jones
- Summary: Trump creates committee to investigate Fed Governor Lisa Cook over mortgage fraud claims. Trump announced a committee to investigate Fed Governor Lisa Cook…
- Keywords: trump, fed, lisa cook, bill pulte, fhfa, mortgage fraud, supreme court, Attempts, Fire, Governor, Lisa, Cook
- Source: Mother Jones — https://motherjones.com/politics/2026/10/fed-governor-lisa-cook-trump-attempt-fire-bill-pulte
- Author: Hannah Levintova
- Published: 2026-10-09T14:09:35+00:00
- Read time: 1 min
- Topics: trump, fed, lisa cook, bill pulte, fhfa, mortgage fraud, supreme court
## Trump Announces Committee
President Trump created a committee to investigate Fed Governor Lisa Cook over mortgage fraud allegations.

> To assist me in carrying out that responsibility, the Committee shall investigate the allegations against Governor Cook and report to me whether there is 'cause' for Governor Cook’s removal
## Cook’s Previous Firing Attempts
Trump’s effort to fire Cook is the first time the president has tried to remove a Fed board member in over a century.

> Since the central bank was established as an independent entity that sets monetary policy free of political influence
## Bill Pulte’s Allegations
Bill Pulte, head of the Federal Housing Finance Agency, accused Cook of mortgage fraud to target Democrats.

> Pulte, a vigorous defender of the president that some have called a 'mini-Trump'
## Clerical Error Findings
Additional loan documents showed the alleged mortgage fraud was likely a clerical error, not fraud.

> What’s more, Pulte’s efforts to weaponize mortgage information against Trump’s political foes led to formal scrutiny
## Legal Challenges
Two courts blocked Trump’s attempt to fire Cook after he appealed to the Supreme Court.

> the Supreme Court said the way he’d tried to fire her was not allowed
## Trump’s Next Move
Trump aims to replace Cook with a loyalist to control the Fed ahead of November elections.

> Trump’s announcement on Friday appears to be his latest effort to exert some control over the central bank by ousting Cook
## Key takeaway

Trump announced a committee to investigate Fed Governor Lisa Cook after Supreme Court rejected his previous attempts to fire her.