MAGA Firebrand Targets Federal Reserve Chair With Criminal Referral

Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons

Florida Rep. Anna Paulina Luna (R) is referring Federal Reserve Chair Jerome Powell to the Justice Department (DOJ) for criminal charges.

Luna is accusing Powell of perjury on two occasions, according to a letter to the DOJ first obtained by Fox News.

It comes as conservative Trump allies continue to demand that Powell, a Trump appointee himself, be fired before his term expires in mid-2026.

“On June 25, 2025, Chairman Powell provided testimony under oath before the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding the renovation of the Federal Reserve’s Eccles Building. In his statements, he made several materially false claims,” Luna’s letter said.

Specifically, she accused Powell of lying about lavish amenities at the Federal Reserve’s Eccles Building and misrepresenting its state of maintenance.

“Separately, in a letter to the Office of Management and Budget (OMB) Director Russell Vought, Chairman Powell characterized the changes that escalated the cost of the project from $1.9 billion to $2.5 billion as minor. However, documents reviewed by congressional investigators indicate that the scope and cost overruns of this project were neither minor in nature nor in substance,” Luna wrote.

She claimed his statement that the cost increase was to simplify construction and avoid further delays was false.

“It is contradicted by the Federal Reserve’s final submission to the National Capital Planning Commission (NCPC) and by the assertions made in Director Vought’s own original letter to Chairman Powell,” Luna wrote.

“According to those records, the revised plan includes a VIP private dining room, premium marble finishes, modernized elevators, water features, and a roof terrace garden—features that Powell publicly denied existed. While Powell presented the changes as simplifications, the actual project plans suggest the opposite.”

Read the full letter:

Perjury can be punishable by up to five years in prison in addition to fines.

Luna previously wrote on X that she believed President Donald Trump would soon fire Powell, but that has not yet come to fruition.

Last week, Fox News reporter Chad Pergram said Trump asked a group of Republican lawmakers if they think he should fire Powell, and they all agreed he should.

Trump has been attacking Powell for not heeding his direction to drop interest rates.

However, President Trump later refuted claims that Powell is on the chopping block during a Wednesday White House meeting, saying it’s “highly unlikely.”

Watch:

READ NEXT: Second Suspect Sought In Shooting Of Off-Duty Border Patrol Agent

Picture of Nancy Butler

Nancy Butler

Nancy grew up in the South where her passion for politics first began. After getting her BA in journalism from Ole Miss she became an arts and culture writer for Athens Magazine where she enjoyed reporting on the eclectic music and art scene in Athens, GA.

However, her desire to report on issues and policies impacting everyday Americans won out and she packed her bags for Washington, DC. Now, she splits her time between the Nation’s Capital and Philadelphia where she covers the fast-paced environment of politics, business, and news.
In her off time, you can find Nancy exploring museums or enjoying brunch with friends.

SECURITY

FOREIGN AFFAIRS

BUSINESS & ECONOMICS

HEALTH & SCIENCE

At American Liberty News, we eschew the mainstream media’s tightly controlled narrative to provide our readers with real news, real insights, and the means to take action. We seek out insightful coverage – and partner with knowledgeable and experienced people and organizations to bring you the information and insight our readers demand.

 

We humbly seek to provide the tools and information necessary for our readers to decide for themselves what is true and what is right.

American Liberty News ©2024

Evolution Digital Media

1900 Reston Metro Plz

Suite 600

Reston, VA 20190