Former President Donald Trump announced the formation of a committee to help him decide whether to fire Federal Reserve Governor Lisa Cook. Trump has accused Cook of mortgage fraud and previously attempted to dismiss her, but the Supreme Court blocked that effort on procedural grounds while allowing him to try again. Cook is expected to attend a White House hearing on Nov. 5, where she can bring an attorney. The committee will weigh the evidence against her and her response, with a follow-up deadline of Nov. 10. Her attorneys welcome the opportunity to present facts but express doubts about the hearing's legitimacy. The committee will recommend to the president whether there is cause for her removal, with the final decision resting with the president. Cook is still expected to participate in the Fed's upcoming interest rate vote on Oct. 28, and this development does not immediately affect Jerome Powell's standing at the Fed.