Trump Says Considering Major Lawsuit Against Powell, Urges to Lower Rate

NAMPA / Sputnik

2025-08-12

WASHINGTON, August 12 (RIA Novosti) - US President Donald Trump said on Tuesday that he is mulling filing a major lawsuit against Federal Reserve Chair Jerome Powell, while once again urging a cut in interest rates. "Jerome "Too Late" Powell must NOW lower the rate," Trump said on his Truth Social, adding that Powell’s slow actions hurt the economy, but its strength had outweighed the impact. "I am, though, considering allowing a major lawsuit ag......

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