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Trump Threatens Fed Chair Powell With ‘Major Lawsuit,’ Urges Rate Cut

President Donald Trump on Tuesday threatened to let a “major lawsuit” proceed against Federal Reserve Chairman Jerome Powell, intensifying his push for lower interest rates. Trump said the potential suit would center on Powell’s handling of costly renovations at the Fed’s headquarters in Washington, D.C., a project he has repeatedly criticized. Trump did not specify a timeline or the party who might file the lawsuit but made his frustrations cle…

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Patriot Journal broke the news in United States on Wednesday, August 13, 2025.
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