New Lawsuit Seeks to Force Public FOMC Meetings Amid Political Tensions

Azoria Capital has filed a lawsuit demanding the Federal Open Market Committee (FOMC) make its rate-setting meetings public, starting with next week's critical session. The hedge fund, led by Trump-linked CEO James Fishback, alleges the FOMC's secrecy undermines market stability and hints at political bias against former President Trump's economic agenda.

The legal challenge comes as Chair Jerome Powell faces mounting criticism over interest rate policy. Azoria claims real-time access to deliberations is necessary for firms to hedge against Fed-induced volatility. The complaint echoes Trump's longstanding accusations that Powell maintains high rates to sabotage Republican economic priorities.

This confrontation spotlights the increasingly political nature of monetary policy decisions that ripple through cryptocurrency markets. Market participants will watch for any precedent this case sets regarding transparency in central banking operations.