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Al Jazeera
Al Jazeera
Politics

Trump threatens ‘major lawsuit’ against Federal Reserve Chief Jerome Powell

Jerome Powell Donald Trump Jerome Too Late Powell US Federal Reserve the Federal Reserve Lawsuit Inflation Interest Rates United States
US President Donald Trump accompanies Federal Reserve Chairman Jerome Powell on a visit to the Federal Reserve on July 24 in Washington, DC, the United States [Julia Demaree Nikhinson/AP Photo]

United States President Donald Trump has suggested that Federal Reserve Chief Jerome Powell could face a lawsuit over renovation costs for the central bank’s nearly century-old headquarters.

The threat, issued on Tuesday in a post on Truth Social, is the latest salvo in Trump’s ongoing pressure campaign against the central bank leader.

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