Lisa Cook's lawyer questions fairness of Trump's Fed probe panel as president calls her an 'automatic no vote'
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Abbe Lowell, attorney for Federal Reserve governor Lisa Cook, said in a Tuesday letter to Will Scharf, Trump's aide and counsel, that the president's committee investigating mortgage fraud allegations against Cook is biased, citing "demonstrably biased members" and "unspecified additional allegations." Lowell said no hearing can occur until these issues are addressed, pushing any hearing to at least December. Trump had called Cook "dishonest" and an "automatic no vote" on rate cuts; the Fed unanimously raised rates in September. White House spokesman Matthew Middleton said Trump "is performing his constitutional duty."
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