Donald Trump is planning a “major lawsuit” against Jerome Powell for his handling of the reconstruction of the Federal Reserve’s buildings.

President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt said Tuesday.

Donald Trump threatened a “major lawsuit” against Federal Reserve Chairman Jerome Powell as the cost of the president’s tariffs showed up in the prices Americans are paying on Tuesday. The president raged that Powell “must NOW lower the rate” in a Truth Social post in which he also blasted his former Treasury Secretary Steve Mnuchin,