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Trump threatens Fed chair Powell with ‘major lawsuit’ over HQ renovation cost
President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to go forward, dramatically escalating his efforts to pressure the central bank leader to immediately lower interest rates. The president said on Truth Social that the lawsuit would relate to Powell’s management of major renovations at the Fed’s headquarters in Washington, D.C., which has become a focus of Trump’s criticism. Trump’s post, which slammed Powell as a “loser” and branded him with the mocking nickname “Too Late,” did not make clear whether such a lawsuit was in the ... (full story)
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Jerome “Too Late” Powell must NOW lower the rate. Steve “Manouychin” really gave me a “beauty”when he pushed this loser. The damage he has done by always being Too Late is incalculable. Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board. I am, though, considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings. Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good! *TRUMP: CONSIDERING ALLOWING A MAJOR LAWSUIT AGAINST POWELL *TRUMP: CONSIDERING POWELL LAWSUIT OVER FED BUILDING MANAGEMENT
U.S. President Donald Trump has upped the ante in his latest attack on Jerome Powell, threatening to allow a lawsuit against the head of the central bank over the cost of ongoing renovations of the Federal Reserve buildings. “Jerome ‘Too Late’ Powell must NOW lower the rate,” Trump said in a Truth Social post on Tuesday. “The damage he has done by always ...
*EJ ANTONI SUGGESTS SUSPENDING MONTHLY JOBS REPORT: FOX BUSINESS 
Trump’s pick to lead labor stats agency could pause monthly jobs report over accuracy concerns E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics, suggested suspending the agency’s closely watched monthly jobs report, arguing that its underlying methodology, economic modeling and statistical assumptions are fundamentally flawed. In an interview with FOX Business ahead of Monday’s nomination announcement, Antoni criticized the data behind the monthly jobs report as unreliable and frequently overstated, warning that it misleads key economic decision-makers from Washington to Wall Street. "How on earth are businesses supposed to plan – or how is the Fed supposed to conduct monetary policy – when they don’t know how many jobs are being added or lost in our economy? It’s a serious problem that needs to be fixed immediately," Antoni told FOX Business.
Trump’s pick to lead labor stats agency could pause monthly jobs report over accuracy concerns E.J. Antoni, the economist tapped by President Donald Trump to lead the Bureau of Labor Statistics, suggested suspending the agency’s closely watched monthly jobs report, arguing that its underlying methodology, economic modeling and statistical assumptions are fundamentally flawed. In an interview with FOX Business ahead of Monday’s nomination announcement, Antoni criticized the data behind the monthly jobs report as unreliable and frequently overstated, warning that it misleads key economic decision-makers from Washington to Wall Street. "How on earth are businesses supposed to plan – or how is the Fed supposed to conduct monetary policy – when they don’t know how many jobs are being added or lost in our economy? It’s a serious problem that needs to be fixed immediately," Antoni told FOX Business.
