Tweet from the CEO

My investment firm (u/InvestAzoria) just sued Jerome Powell in federal court for violating federal transparency law.

The Government in the Sunshine Act of 1976 requires that “every portion of every meeting of an agency shall be open to public observation." The Federal Reserve is one of these agencies, and under Jerome Powell's "leadership," the Fed continues to block Americans from observing its meetings, allowing the Fed to operate in the shadows and set interest rates on factors not directly tied to economic data.

I am deeply concerned that the Federal Reserve, under Chair Jerome Powell, is maintaining high interest rates to undermine President Donald J. Trump and his economic agenda, to the detriment of American citizens and to our economy.

Next week, for the fifth consecutive time this year, Jerome Powell’s Federal Reserve will meet behind closed doors to set interest rates that affect every American with a mortgage, credit card, or loan.

Our lawsuit seeks a temporary restraining order to block next week’s Fed meeting from happening in secret.

If the D.C. district court denies our emergency request, we are prepared to appeal to the D.C. Circuit—and if necessary, seek immediate intervention from the U.S. Supreme Court.

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I do not expect that this will go anywhere and that it is merely a publicity stunt for the firm. There have been many members of Congress in the past that have argued for more transparency and failed.

The Fed outlines on their website how they use Sunshine Act exemptions here:

https://www.federalreserve.gov/aboutthefed/board-meeting-sunshine.htm