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Trump blasts ‘Too Late’ Powell again, threatens lawsuit over Fed’s $3B HQ renovations

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3 hours ago

President Donald Trump on Tuesday ramped up his pressure on Federal Reserve Chairman Jerome Powell to cut interest rates, threatening to allow a lawsuit over the central bank’s $3.1 billion renovation project to move forward.Trump took to Truth Social to blast Powell, who has refused to adjust rates despite repeated demands by the president as inflation remains steady, holding at 2.7% in July. "Jerome 'Too Late' Powell must NOW lower the rate," Trump wrote on his Truth Social. THE FED’S FOOLISH INTEREST RATE POLICY IS STOPPING AMERICA’S ECONOMY FROM BOOMING"Steve ‘Manouychin’ really gave me a...

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