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Trump 'considering' lawsuit against Fed chair

Trump’s latest attack on Powell involves ‘major lawsuit’ over Fed building. Why it’s unlikely to succeed.

In a post on his Truth Social social-media network, Trump again urged the Fed to lower interest rates, writing: “I am … considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings.”

USA TODAY on MSN · 6h

President Trump considers lawsuit over Fed’s $2.5B renovation costs

President Donald Trump may sue the Federal Reserve over its $2.5B headquarters renovation project. Supreme Court makes major announcement Sharon Stone on the Moment Robert De Niro ‘Crossed a Line' Filming ‘Casino' Trump is bringing in enough revenue from tariffs to have a serious impact on the $37 trillion national debt,

Forbes on MSN · 13h

Trump Might Greenlight ‘Major Lawsuit’ Against Fed Chair Jerome Powell

President Donald Trump said he’s looking at a “major lawsuit” against Federal Reserve Chair Jerome Powell over the agency’s over-budget remodel of its Washington headquarters, which has become a prominent attack line for Trump and his allies against Powell.

Fed, interest rates

Reuters on MSN · 52m

Tariff bite missing in US inflation, rupee to rise on Fed cut hopes

The Indian rupee is poised to open higher on Wednesday after the July U.S. inflation data indicated limited impact of tariffs, providing room for the Federal Reserve to cut rates next month.

Yahoo Finance on MSN · 2d

Inflation in focus as Fed rate cut debate heats up: What to watch this week

A fresh reading on inflation will greet investors as stocks have surged back to record highs despite fears of rising price increases and a slowing labor market.

MarketWatch · 13h

Market-implied chance of three 2025 Fed interest-rate cuts jumps above 50%

Fed-funds futures traders were pricing in a 51% likelihood on Tuesday that the central bank will cut rates in three quarter-point increments by December, up from 45% a day ago, according to the CME FedWatch Tool.

31m

GENIUS Act Vs. Fed Policy On Stablecoins Raises Questions For Ethereum

Congress’s GENIUS Act backs Ethereum stablecoins, but Fed policy still warns on public chains, shaping bank strategies and ...

8hon MSN

Investors double down on September Fed cut after CPI

Investors are betting harder on a September Federal Reserve interest rate cut after last month's mild inflation bump, which ...

Trump's Fed nominee Stephen Miran critical of China monetary policies

Stephen Miran is President Donald Trump's nominee to become the Federal Reserve's next governor, but his name is largely ...

11hon MSN

Barkin: No está claro si Fed debe priorizar empleos o inflación

El presidente del Banco de la Reserva Federal de Richmond, Tom Barkin, dijo que la incertidumbre sobre la dirección de la ...

7hon MSN

Bessent says he is hopeful Miran can be confirmed to Fed post by September meeting

U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the ...

Crypto Briefing1h

Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness

Treasury Secretary Bessent urges a Fed rate cut of 50 basis points in September, citing weak jobs data and stable inflation ...

13hon MSN

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, ...

6hon MSN

Stocks hit fresh record high but US dollar weakens as Fed rate cut expectations gain momentum

World shares hit record highs on Tuesday after U.S. consumer prices data fueled expectations of an impending Federal Reserve ...

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