Lisa Cook’s lawyers have attacked President Trump’s investigation committee as biased, saying the process lacks clear evidence disclosure and a set timetable.
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01Summary
- 01Lawyers for Federal Reserve board of governors member Lisa Cook described President Trump’s investigation committee as “demonstrably biased”.
- 02They said a hearing with biased members, unspecified extra allegations and an unclear schedule for releasing evidence was not a proper process.
- 03The lawyers also said there was no explanation for why any additional evidence had not been produced earlier.
- 04The story says the description came in response to Trump’s investigation into Cook.
02Why it matters
The row concerns a senior Federal Reserve official and a White House-backed probe, so it may affect confidence in the independence of the central bank. It also raises questions about fairness and transparency in the handling of the case.
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