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President Donald Trump on Tuesday threatened to file a lawsuit against Jerome Powell, the Chairman of the Federal Reserve, over renovations to the agency’s building.
In a post on Truth Social, the president lambasted Powell over his refusal to lower interest rates and his handling of the renovations to the Federal Reserve’s building.
“Jerome ‘Too Late’ Powell must NOW lower the rate,” Trump wrote. ‘Steve “Manouychin’ really gave me a ‘beauty’ when he pushed this loser. The damage he has done by always being Too Late is incalculable.”
Trump said he is “ 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.”
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