Fed, Trump and Jerome Powell
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A $2.5 billion Federal Reserve renovation will get a probing today when a group of Trump allies makes a visit after weeks of mounting criticisms, one of numerous pressure points being applied to Fed Chair Jerome Powell.
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Filed in the U.S. District Court for the District of Columbia, Azoria Capital's lawsuit claims that the bank's closed-door meetings violate the Government in the Sunshine Act of 1976.
Trump ally Rep. Anna Paulina Luna claims Federal Reserve Chairman Jerome Powell committed perjury during Senate testimony and in communications with the Office of Management and Budget.
While Trump may be denying reports he will fire Powell, reports tell a different story. Here's what Tennesseans need to know about Powell and the Fed.