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Federal Judge Rejects Bid to Open Federal Reserve Interest Rate Meetings to Public Audience

A federal judge rejected a last-minute bid by a Trump ally to open Federal Reserve interest rate meetings to the public. The request was denied in a decision that left the secretive meetings intact.

Federal Judge Rejects Bid to Open Federal Reserve Interest Rate Meetings to Public Audience
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A federal judge has rejected a last-minute bid by a Donald Trump ally to make Federal Reserve meetings public, citing concerns over national security and the secrecy that has long surrounded monetary policy discussions. The request was made by Stephen 'Buzz' Patterson, a former advisor to Trump, who argued that transparency would promote greater accountability. However, the judge ruled that opening the meetings up to the public could pose significant risks to national security. As a result, the Federal Reserve committee will continue to keep its meetings closed to the general public.

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Original source: CNN
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