Lisa Cook’s lawyers call Trump’s investigation committee ‘demonstrably biased’

Lawyers for Federal Reserve board of governors member Lisa Cook called President Trump’s investigation committee into her “demonstrably biased.”

“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,” ⁠Abbe Lowell, an attorney for Cook, wrote in a Tuesday letter, according to The Associated Press .

“We have significant concerns regarding the objectivity and fitness of the committee for its assigned purposes,” Lowell continued, adding in the letter sent to Trump’s counsel William Scharf that the earliest Cook could appear before Trump’s “committee of inquiry” would be after the Fed’s policy meeting in December, per The Associated Press.

This development comes after Trump alleged Cook “made false statements in connection with one or more mortgage instruments.”

He created a three-member “ committee of inquiry ” to investigate Cook, saying in a White House memo that “as President, it is my job to ensure the laws are faithfully executed, including by firing subordinates who cannot be trusted to tell the truth and follow the law.”

A hearing before the committee was initially slated for Nov. 5. It is unclear if this will be rescheduled.

The memo stated Cook should appear at this hearing to “present argument, written evidence, and written witness statements regarding the evidence and allegations.”

Cook was appointed under former President Biden, and the Trump administration has made multiple attempts to fire her.

The Supreme Court ruled in a 5-4 decision earlier this year Cook could remain on the Fed’s board of governors as Chief Justice John Roberts wrote that the president didn’t provide her enough process to contest the allegations.

In August 2025, Federal Housing Finance Agency Director Bill Pulte also issued a referral suggesting she illegally designated her properties in Georgia and Michigan as her primary residences to get lower mortgage rates.