Lisa Cook lawyer questions Trump committee as president slams Fed gov
Federal Reserve Governor Lisa Cook and attorney Abbe Lowell leave the U.S. Supreme Court in Washington, Jan. 21, 2026. Kevin Dietsch | Getty Images An attorney for Lisa Cook voiced strong doubts that President Donald Trump’s committee investigating mortgage fraud allegations against the Federal Reserve governor would be fair and objective. The lawyer, Abbe Lowell, said the committee is plagued by issues that undermine the appearance of the Fed’s independence, including “demonstrably biased members” and “unspecified additional allegations” against Cook. Those and other issues “would have to be addressed before a hearing could occur” in the probe, Lowell wrote in a letter sent Tuesday to Will Scharf, Trump’s aide and counsel. No such hearing could take place until at least December, weeks later than the initially scheduled date, Lowell insisted. The letter came three days after Trump slammed Cook as “dishonest” and griped that she was an “automatic no vote” — apparently referring to her opposition to cutting interest rates, which the president strongly desires. Cook last voted to cut rates in December 2025, siding …







