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White House panel delays hearing on Fed's Lisa Cook to Dec. 14

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Image: CNBC

A White House committee of inquiry postponed from Thursday to Dec. 14 a hearing with Federal Reserve Governor Lisa Cook to investigate whether allegations of false statements in mortgage applications warrant her firing by President Donald Trump. The postponement came at Cook's request, according to an official. It was unclear whether Cook would attend. Her lawyer, Abbe Lowell, had questioned the committee's fairness and said the hearing could not take place before December because of official duties in Europe.

In 35 seconds

  • The White House committee of inquiry postponed to Dec. 14 the hearing on Lisa Cook.
  • The postponement came at Cook's request, according to a White House official.
  • Trump created the panel in October to investigate allegations of false statements in mortgage instruments.
Read the full story at CNBC

IASummary generated by artificial intelligence from a story by CNBC. It may contain errors: the original source prevails.

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