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  "id": "lisa-cook",
  "name": "Lisa Cook",
  "kind": "person",
  "url": "https://whatledto.com/who/lisa-cook",
  "description": "Member of the Federal Reserve Board of Governors.",
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      "slug": "fed-rate-path-2025-2026",
      "title": "The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings",
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      "role": "Fed governor whom Trump sought to remove over mortgage allegations; the Supreme Court kept her in office pending her case and required notice and an opportunity to respond.",
      "entries": 7,
      "updated_at": "2026-10-16T02:10:22.232634+00:00"
    }
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    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 2159,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n2159",
      "date": "2026-10-14",
      "date_precision": "day",
      "title": "Federal Register publishes memorandum scheduling Cook hearing",
      "summary": "The Federal Register published a presidential memorandum concerning a committee of inquiry into allegations against Lisa Cook. The memorandum directs the committee to conduct an in-person hearing on November 5, 2026.",
      "type": "legal",
      "entities": [
        "Donald Trump",
        "Lisa Cook",
        "Executive Office of the President",
        "White House",
        "Federal Reserve"
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      "sources": [
        {
          "url": "https://www.federalregister.gov/documents/2026/10/14/2026-21061/establishment-of-a-committee-of-inquiry-to-investigate-allegations-of-false-statements-by-lisa",
          "outlet": "Executive Office of the President, Federal Register",
          "published": "2026-10-14",
          "quote": "The Committee shall, on November 5, 2026, conduct an in-person hearing to consider the evidence and allegations against Governor Cook."
        },
        {
          "url": "https://kfgo.com/2026/10/13/lawyer-for-feds-cook-denounces-trumps-latest-attempt-to-remove-her/",
          "outlet": "Reuters",
          "published": "2026-10-13",
          "quote": "Earlier this month Trump announced a fresh ‌inquiry into ​Cook and the appointment of a three-person committee to ⁠hold a hearing."
        }
      ]
    },
    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 2157,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n2157",
      "date": "2026-10-13",
      "date_precision": "day",
      "title": "Cook's lawyer challenges White House inquiry process",
      "summary": "Abbe Lowell challenged the inquiry process in a letter on behalf of Lisa Cook. The letter said the process did not respect the appearance or history of independence.",
      "type": "response",
      "entities": [
        "Lisa Cook",
        "Abbe Lowell",
        "White House"
      ],
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        "abbe-lowell",
        "us-government"
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      "sources": [
        {
          "url": "https://kfgo.com/2026/10/13/lawyer-for-feds-cook-denounces-trumps-latest-attempt-to-remove-her/",
          "outlet": "Reuters",
          "published": "2026-10-13",
          "quote": "A hearing with demonstrably biased ⁠members, unspecified additional allegations, and an unclear schedule for the disclosure ​of any additional evidence – with no explanation for why it was not previously produced – is not ​a process that respects the appearance or history of independence"
        }
      ]
    },
    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 2128,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n2128",
      "date": "2026-10-07",
      "date_precision": "day",
      "title": "Trump establishes committee to investigate Lisa Cook",
      "summary": "Donald Trump established a committee of inquiry to investigate allegations that Lisa D. Cook made false statements in connection with mortgage instruments. Associated Press reported that the committee was part of Trump’s effort to remove Cook from the Federal Reserve Board.",
      "type": "legal",
      "entities": [
        "Donald Trump",
        "Lisa Cook",
        "White House"
      ],
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        "lisa-cook",
        "us-government"
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      "sources": [
        {
          "url": "https://www.whitehouse.gov/presidential-actions/2026/10/establishment-of-a-committee-of-inquiry-to-investigate-allegations-of-false-statements-by-lisa-denell-cook/",
          "outlet": "The White House",
          "published": "2026-10-07",
          "quote": "I hereby establish a committee of inquiry (Committee) to investigate allegations that Federal Reserve Governor Lisa D. Cook made false statements in connection with one or more mortgage instruments."
        },
        {
          "url": "https://www.pbs.org/newshour/politics/trump-establishes-committee-to-investigate-federal-reserves-lisa-cook-in-latest-effort-to-fire-her",
          "outlet": "Associated Press via PBS NewsHour",
          "published": "2026-10-09",
          "quote": "President Donald Trump opened another chapter in his effort to fire Federal Reserve Governor Lisa Cook Friday by establishing a \"committee of inquiry\" to investigate allegations that she made false statements in mortgage applications."
        }
      ]
    },
    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 1584,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n1584",
      "date": "2026-09-28",
      "date_precision": "day",
      "title": "Cook sees continued inflation pressure in coming months",
      "summary": "Lisa D. Cook said AI-related demand, higher oil prices, and Middle East supply disruptions would continue to pressure inflation in coming months. She said future rate adjustments would depend on the economy's response to the September increase and incoming inflation and labor-market data.",
      "type": "response",
      "entities": [
        "Lisa Cook",
        "Federal Reserve"
      ],
      "parties": [
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        "federal-reserve"
      ],
      "sources": [
        {
          "url": "https://www.federalreserve.gov/newsevents/speech/cook20260928a.htm",
          "outlet": "Federal Reserve Board",
          "published": "2026-09-28",
          "quote": "“Furthermore, in coming months I expect to see continued pressure on inflation from the AI buildout, as discussed today, and from the pass-through of higher oil prices and supply chain disruptions associated with the conflict in the Middle East.”"
        }
      ]
    },
    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 428,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n428",
      "date": "2026-08-05",
      "date_precision": "day",
      "title": "Trump restarts the Cook removal with a notice letter and a 21-day deadline",
      "summary": "Following the Supreme Court's instruction that Cook was entitled to notice and a chance to respond, deputy chief of staff Dan Scavino wrote that the president was considering removing her and gave her until August 26 to answer the mortgage allegations. Her lawyers called the allegations as baseless as a year earlier and, in a five-page reply on August 26, noted that the Treasury secretary and the attorney general had faced similar accusations.",
      "type": "announcement",
      "entities": [
        "Donald Trump",
        "Lisa Cook",
        "Dan Scavino",
        "Abbe Lowell"
      ],
      "parties": [
        "donald-trump",
        "lisa-cook",
        "dan-scavino",
        "abbe-lowell"
      ],
      "sources": [
        {
          "url": "https://www.scotusblog.com/2026/08/trump-informs-lisa-cook-that-he-is-considering-her-removal/",
          "outlet": "SCOTUSblog",
          "published": "2026-08-07",
          "quote": "In a letter dated Aug. 5, White House Deputy Chief of Staff Dan Scavino notified Cook that Trump was “considering” whether to remove her from the Board of Governors."
        }
      ]
    },
    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 426,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n426",
      "date": "2026-06-29",
      "date_precision": "day",
      "title": "Supreme Court, 5 to 4, keeps Cook in office: governors have for-cause protection and a right to notice and a hearing",
      "summary": "Chief Justice Roberts, joined by Sotomayor, Kagan, Kavanaugh and Jackson, denied the government's application to remove Cook while her suit proceeds, holding that the Federal Reserve Act's for-cause protection is constitutional and that a governor must receive notice and some opportunity to respond before removal, which Cook had not. The Court said eliminating that protection was for Congress, even as it had allowed at-will removal at most other independent agencies.",
      "type": "legal",
      "entities": [
        "Supreme Court",
        "Lisa Cook",
        "Donald Trump",
        "John Roberts"
      ],
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      "sources": [
        {
          "url": "https://www.supremecourt.gov/opinions/25pdf/25a312_5468.pdf",
          "outlet": "Supreme Court of the United States",
          "published": "2026-06-29",
          "quote": "If the Federal Reserve’s for-cause removal protections are to be eliminated, that change must occur through the legislative process."
        }
      ]
    },
    {
      "timeline": "fed-rate-path-2025-2026",
      "id": 414,
      "url": "https://whatledto.com/events/fed-rate-path-2025-2026#n414",
      "date": "2025-08-25",
      "date_precision": "day",
      "title": "Trump says he is firing Governor Lisa Cook over mortgage-fraud allegations; Cook refuses to go",
      "summary": "In a letter posted on Truth Social the president said he was removing Cook for cause, effective immediately, citing FHFA director Bill Pulte's allegation that she had claimed two primary residences in 2021. No president had ever removed a Fed governor. Cook said no cause existed and she would not resign, hired Abbe Lowell and sued; a district court and the D.C. Circuit let her keep her seat while the case went to the Supreme Court.",
      "type": "announcement",
      "entities": [
        "Donald Trump",
        "Lisa Cook",
        "Bill Pulte",
        "Federal Reserve"
      ],
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          "url": "https://www.pbs.org/newshour/politics/trump-says-hes-firing-federal-reserve-governor-lisa-cook-she-says-she-wont-resign",
          "outlet": "PBS News (AP)",
          "published": "2025-08-25",
          "quote": "Trump said in a letter posted on his Truth Social platform that he is removing Cook effective immediately because of allegations that she committed mortgage fraud."
        }
      ]
    }
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