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Rep. Luna Accuses Fed Chair Powell of Perjury

7/22/2025

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Summary

Story summary

Rep. Anna Paulina Luna has taken a bold step by referring Federal Reserve Chair Jerome Powell to the DOJ, accusing him of perjury over $2.5 billion renovations to the Eccles Building. She alleges he misled Congress about extravagant upgrades and costs. Powell firmly denies these claims, while Trump has publicly criticized him for not slashing interest rates.

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Story summary

Rep. Anna Paulina Luna has taken a bold step by referring Federal Reserve Chair Jerome Powell to the DOJ, accusing him of perjury over $2.5 billion renovations to the Eccles Building. She alleges he misled Congress about extravagant upgrades and costs. Powell firmly denies these claims, while Trump has publicly criticized him for not slashing interest rates.