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Trump threatens Fed’s Powell with lawsuit in latest attack
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 being Too Late is incalculable. Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board.” Trump added that he is “considering allowing a major lawsuit against Powell to proceed because of the horrible, and ... (full story)
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