"President Donald Trump ripped Jerome Powell again on Monday, saying he would love to fire Powell and that he is considering suing the Federal Reserve Chair for gross incompetence. The president whacked one of his favorite human pinatas during a press conference alongside Israeli Prime Minister Benjamin Netanyahu. A reporter said one of Trump's big domestic tasks in 2026 is picking a replacement for Powell. Trump took the comment and ran with it, branding Powell an absolute fool."
"The president said it was north of $4 billion now about $1.5 billion more than projected. It's going to end up costing more than $4 billion $4 billion! It's the highest price of construction, Trump said. Again, Democrats highest price of construction per square foot in the history of the world. Gorgeous monuments are built for a much smaller price. So we're thinking about bringing a a gross incompetence, what's called gross incompetence lawsuit."
President Trump sharply criticized Federal Reserve Chair Jerome Powell during a press conference with Israeli Prime Minister Benjamin Netanyahu, calling Powell an absolute fool and using his nickname Too Late. Trump said he would love to fire Powell and is considering a gross incompetence lawsuit over a Fed building renovation that he said has risen to north of $4 billion, roughly $1.5 billion above projection. Trump said he wants the next Fed Chair to cut interest rates if the stock market performs well. Trump appointed Powell in 2017, and Biden reappointed him; Trump said Powell is near the end of his term.
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