Trump Ally Loses Bid to Open July 29 Fed Meeting to Public
The Marriner S. Eccles Federal Reserve building in Washington.
Photographer: Andrew Harrer/BloombergA federal judge in Washington denied a request by an investment firm led by an ally of President Donald Trump for public access to Tuesday’s Federal Open Market Committee meeting.
James Fishback’s Azoria Capital sued Federal Reserve Chairman Jerome Powell and other Fed officials last week, claiming the central bank’s decades-old practice of holding its monetary policy meetings behind closed doors violates the Sunshine in Government Act, which sets transparency requirements for federal agencies.