Trump ties Powell lawsuit threat to interest rate fight

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Donald Trump has begun preparing his “major lawsuit” against Federal Reserve Chair Jerome Powell, accusing the Fed chair once again of grossly mismanaging the costly renovation of the Fed’s headquarters in Washington. In a Truth Social post on Tuesday, the president said the legal action would be tied directly to what he described as out-of-control spending on the historic buildings. Trump’s statement came through his Truth Social account on Tuesday, where he also repeated his demand for immedia...