Trump's inquiry panel moves Lisa Cook hearing to Dec. 14

Federal Reserve Governor Lisa Cook will get her day before a Trump-appointed inquiry panel on Dec. 14. A White House official confirmed the new date Wednesday, after the special committee pushed the hearing back.

The New York Times was first to report the rescheduling, according to CNBC. Cook's lawyer, Abbe Lowell, had not responded to a request for comment at the time of the report.

The panel itself is a recent creation. Trump set up the so-called committee of inquiry in early October to dig into allegations that Cook made false statements tied to 'one or more mortgage instruments.'

That puts a sitting Fed governor in the crosshairs of a White House-backed review — an unusual collision between the central bank and the executive branch. The committee's findings, and how the Fed responds, are the story to watch.

For now, the calendar is the headline: Dec. 14 is the date to circle. A White House official confirmed the shift, and the hearing's scope remains what the committee was built to examine.

Details are still developing, and CNBC says it has asked Lowell for comment. Expect the scrutiny around Cook and the inquiry panel to sharpen as the December date approaches.