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Monday, December 29, 2025

Trump renews threat of lawsuit against Powell

 US President Donald Trump reiterated on Monday his criticism of Federal Reserve Chair Jerome Powell and his role at the institution, saying he is considering allowing a lawsuit to proceed.

The president commented on Powell's handling of interest rates and on what he has called excessive spending on the Federal Reserve headquarters renovation, a project Trump says ballooned to $4 billion under Powell's watch.

Trump's remarks echo earlier statements from August when he publicly accused Powell of doing a "horrible, and grossly incompetent job."

https://breakingthenews.net/Article/Trump-renews-threat-of-lawsuit-against-Powell/65408149

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