U.S. President Donald Trump speaks adjacent to Federal Reserve Chair Jerome Powell during a circuit of the Federal Reserve Board building, which is presently undergoing renovations, successful Washington, D.C., U.S., July 24, 2025.
Kent Nishimura | Reuters
President Donald Trump connected Tuesday threatened to let a "major lawsuit" against Federal Reserve Chairman Jerome Powell to spell forward, dramatically escalating his efforts to unit the cardinal slope person to instantly little involvement rates.
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