Trump threatens to sue Fed Chair Jerome Powell for ‘gross incompetence' over costly building renovation
New York Post·2025-12-30 15:45

President Trump said he is considering a lawsuit against Federal Reserve Chairman Jerome Powell for “gross incompetence” – adding that he’d love to fire “Too Late Powell” for not slashing interest rates quickly enough.He claimed that Powell’s renovation of Fed headquarters near the National Mall in Washington, DC, is over budget by roughly $1.5 billion.“It’s going to end up costing more than $4 billion – $4 billion!” Trump fumed Monday during a press conference with Israeli Prime Minister Benjamin Netanyahu ...