Characters pressing retired fool over fabled liar (9)
I believe the answer is:
pinocchio
'fabled liar' is the definition.
(fairytale wooden boy who lied)
I can't explain the rest of the clue.
Can you help me to learn more?
(Other definitions for pinocchio that I've seen before include "Fairytals puppet who became a boy" , "Disney film" , "Wooden puppet, prone to lying" , "Nose-growing puppet" , "dishonest puppet" .)