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Trump weighing lawsuit against Fed’s Powell over renovations
Business World Philippines
|August 14, 2025
US President Donald J. Trump is considering a lawsuit against US Federal Reserve Chair Jerome Powell related to his management of renovations at the Fed’s Washington headquarters, White House spokeswoman Karoline Leavitt said on Tuesday.
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The potential move, suggested earlier ina presidential social media post, escalates Mr. Trump’s continuing pressure onthe central bank leader to cut interest rates.
A Fed spokesperson did not have a comment.
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