U.S. President Donald Trump has said he is weighing a lawsuit against Federal Reserve Chair Jerome Powell over the renovation of the central bank¡¯s headquarters, a project in which cost overruns have drawn scrutiny.
In a social media post on Tuesday, Trump resumed his criticism of the Fed chair over the central bank¡¯s decision to hold interest rates steady and again hammered Powell over the renovation work.
¡°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,¡± Trump said. ¡°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.¡±
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