Lawyers for Federal Reserve's Lisa Cook say White House hearing set up by Trump is 'biased'
Federal Reserve governor Lisa Cook's lawyers say that a committee set up by the White House last week to investigate an accusation against her is "demonstrably biased," though they did not close the door on the possibility that she would appear before the panel.
Federal Reserve Governor Lisa Cook's legal team contends that a White House committee established to investigate allegations against her is undeniably biased. While they haven't ruled out the possibility of Cook appearing before the panel, lawyer Abbe Lowell revealed in a letter on Tuesday that Cook cannot attend a hearing on November 5, as she will be fulfilling her official duties at financial and monetary policy meetings in Europe.
The earliest Cook could potentially appear before the inquiry committee would be after the Fed's policy meeting in December 8-9, according to the letter addressed to William Scharf, a counselor to President Donald Trump.
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