โ๏ธ JUDGE REJECTS TRUMP ALLYโS PUSH TO OPEN FED MEETING ๐ซ๐ข
Hereโs the scoop famโฆ some real-life courtroom drama tied to the Fed and 2024 politics just went down ๐๐ฅ
๐งโโ๏ธ A federal judge has officially denied Azoria Capitalโs request to force the Federal Reserve to open this weekโs interest rate meeting to the public.
The ruling? ๐ The Fedโs FOMC is NOT subject to the Sunshine Act (aka: it doesnโt have to be public) ๐ต๏ธโโ๏ธ๐ซ
๐ง Whatโs the Tea?
๐ Azoria Capital, run by James Fishback โ a known Trump ally โ filed the lawsuit, claiming the Fed is keeping things too secretive.
He even said high interest rates are being weaponized to sabotage Trumpโs economic momentum ๐ฃ๐๐ผ
But Judge Beryl Howell clapped back ๐จ:
โ Said the lawsuit lacked standing
โ Suggested it might just be a publicity stunt to promote Azoriaโs new fund launch ๐๐ง
๐ What It Means for Markets:
The Fed stays private โ rate decisions remain behind closed doors ๐๏ธ๐ผ
No change in FOMC transparency, so donโt expect any last-minute leaks
If you're trading around rate decisions, stick to scheduled releases + pressers ๐ ๐
๐ฎ Alpha Insight:
With this legal circus now overโฆ the focus shifts back to whether the Fed will cut or hold ๐ง
And trust โ that next rate decision will be a market mover, with or without Azoria front-row seats ๐จ๐๐
We track everything โ charts, macro policy, courtroom battles โ to bring you raw, real-time alpha ๐ง โก
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