Trump Threatens 'Major Lawsuit' Against Jerome Powell Over 'Gross Incompetence': Says He 'Might' Still Fire The Fed Chair
Strong Bearish
-91.0
President Donald Trump escalated his long-standing feud against Federal Reserve Chair Jerome Powell, threatening legal action against the latter, and sparking fresh concerns regarding the central bank’s independence.
Trump Threatens Lawsuit Over ‘Gross Incompetence’
Speaking at a news conference in Mar-a-Lago on Monday, alongside Israeli Prime Minister Benjamin Netanyahu, Trump accused Powell of “gross incompetence,” while threatening a “major lawsuit” against him, just months before his term is set to end in May 2026.
“We're going to probably bring a lawsuit against him,” Trump said, without actually mentioning any specific grounds for the same, or when such a lawsuit might be filed, according to a report by The Washington Post.
See Also: Elizabeth Warren Warns ...Full story available on
Trump Threatens Lawsuit Over ‘Gross Incompetence’
Speaking at a news conference in Mar-a-Lago on Monday, alongside Israeli Prime Minister Benjamin Netanyahu, Trump accused Powell of “gross incompetence,” while threatening a “major lawsuit” against him, just months before his term is set to end in May 2026.
“We're going to probably bring a lawsuit against him,” Trump said, without actually mentioning any specific grounds for the same, or when such a lawsuit might be filed, according to a report by The Washington Post.
See Also: Elizabeth Warren Warns ...Full story available on
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