Wray and Mayorkas Were Set to Testify Today. They Didn't Show Up.
Matt Gaetz Withdraws From Attorney General Nomination
Bucks County Dem Apologizes for Trying to Steal the PA Senate Race
Homan Says They'll 'Absolutely' Use Land Texas Offered for Deportation Operation
For the First Time in State History, California Voters Say No to Another...
Breaking: ICC Issues Arrest Warrants for Netanyahu, Gallant
Begich Flips Alaska's Lone House Seat for Republicans
It's Hard to Believe the US Needs Legislation This GOP Senator Just Introduced,...
FEMA Director Denies, Denies, Denies
The System Finally Worked for Laken Riley -- Long After Her Entirely Avoidable...
Gun Ownership Is Growing Among This Group of Americans
We’ve Got an Update on Jussie Smollett…and You’re Not Going to Like It
Here’s How Many FCC Complaints Were Filed After Kamala Harris’ 'SNL' Appearance
By the Numbers: Trump's Extraordinary Gains Among Latinos, From Texas to...California?
John Oliver Defended Transgender Athletes Competing in Women’s Sports. JK Rowling Responde...
OPINION

Fox Business Sues the Federal Reserve

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement

Officials from Fox Business are suing the Board of Governors of the Federal Reserve System, complaining about the Fed’s failure to comply with the network’s data requests filed under the Freedom of Information Act.

Advertisement

The network filed a FOIA request on November 10, 2008 to find out what financial institutions were receiving funds from the Fed between August 2007 and November 2008. Another FOIA request was made on November 18 for a list of financial institutions who were lent money between September and October 2008.

Neither one has been answered.

Fox News Executive Vice President Kevin Magee said in a statement, “As a news organization, we believe in the public's right to know and will continue in our quest to hold the government accountable for their actions on the allocation of the bailout funds.”

Steven Mintz, Esq., of Mintz & Gold LLP, and legal counsel for the network added, "The government has power over possibly trillions of the taxpayer's money and the fact that they are denying requests for enhanced transparency on the distribution of those funds is appalling. Therefore, we have filed a complaint in federal court in New York and ask the Court to make the Fed provide the information sought by the journalists at FBN."

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos