Eric Eggers, Vice President of the Government Accountability Institute, joined Riley Lewis on OAN’s The Real Story on July 22 to explain the allegations against Federal Reserve Chairman Jerome Powell, who was accused by Rep. Anna Paulina Luna (R-FL) of perjury over a $2.5 billion Federal Reserve renovation project that exceeded its $1.9 billion budget. Luna claims Powell misled Congress about lavish features in the project, such as marble finishes and a VIP dining room.
Eggers critiques Powell’s refusal to lower interest rates, amid tensions with President Trump, and discusses tariffs and globalization’s impact on American jobs, emphasizing Trump’s push for economic relief for the middle class and the strategic use of tariffs to counter offshoring.