Trump Mulls Suing ‘Loser’ Jerome Powell, Demands He Lower Interest Rate ‘NOW’

 

(Julia Demaree Nikhinson/AP photo)

President Donald Trump absolutely tore into Jerome Powell in a renewed attack on the Federal Reserve chair on Tuesday.

In a blistering screed against the Fed chief that was posted to Truth Social, Trump called Powell a “loser” and demanded he drop the interest rate “NOW.”

Trump added that he’s even considering a lawsuit:

Jerome “Too Late” Powell must NOW lower the rate. Steve “Manouychin” really gave me a “beauty” when he pushed this loser. The damage he has done by always being Too Late is incalculable. Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board. I am, though, 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. Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good!

(Truth Social screenshot)

Despite continued social media attacks on Powell, Trump indicated earlier this month that he would not fire him because doing so would be “very disruptive.”

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