On Dec. 30, 2025, U.S. President Donald Trump again threatened to sue Federal Reserve Chair Jerome Powell, accusing him of "gross incompetence" in connection with Powell’s handling of the renovation of the Fed’s headquarters in Washington. The comment was framed as a potential legal action over the renovation project.

The statement repeats an escalation in tensions between the White House and the Fed’s leadership, focusing specifically on management of the building work rather than monetary policy. No details on the legal basis, timeline or where a suit might be filed were provided in the report.

The remark adds to ongoing public friction between the administration and the central bank’s chair, with Powell remaining head of the Federal Reserve as of the report. #Trump #Powell #Fed #FiatNews