BREAKING: Judge In Azoria Lawsuit Over Closed Door Fed Meetings Against Jerome Powell Issues Emergency Hearing Ahead Of Set Meeting Date

James Fishback, CEO of Azoria Capital, discussed a lawsuit filed against Federal Reserve Chair Jerome Powell with Steve Bannon, alleging violations of the 1976 Government in the Sunshine Act for holding Federal Open Market Committee (FOMC) meetings in secret. Fishback announced that a federal judge, Beryl Howell, appointed by President Obama, ordered an emergency hearing on Monday at 2 p.m. in the DC Federal Courthouse to consider a temporary restraining order (TRO) to open the Fed’s July 29-30, 2025, meeting to the public. Fishback, aligned with President Trump’s agenda, argues that the Fed’s lack of transparency undermines public accountability and suspects political motives behind Powell’s high interest rate policies, despite low inflation. He cited the overturned Chevron Doctrine as a legal advantage, enabling challenges to federal agency interpretations. Fishback emphasized that Azoria, as an investment firm, faces harm from the Fed’s opacity, impacting their treasury market operations. He highlighted economic models suggesting rates are 100-175 basis points too high, supporting Trump’s call for lower rates. Bannon praised the lawsuit, referencing Lords of Easy Money to underscore the Fed’s secretive practices and their economic impact.

Pt.1:

Azoria CEO James Fishback: "Jerome Powell Is The Anthony Fauci Of Economics”

Pt.2:

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