President Donald Trump and Federal Reserve Chair Jerome Powell tour the Federal Reserve’s $2.5 billion headquarters renovation project in Washington on July 24, 2025. Chip Somodevilla/Getty Images
President Donald Trump on Monday renewed his threat to file a lawsuit against Federal Reserve Chair Jerome Powell for what he describes as “gross incompetence” due to Powell’s alleged management of renovations at the Fed’s Washington headquarters.
Trump also told reporters that he plans to unveil his pick for Powell’s successor at some point in January. Powell’s term ends in May.
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Original News Source Link – Epoch Times
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