Trump Threatens to Sue Powell, Plans to Announce Successor Nominee Next Month
Deep News2025-12-30
President Donald Trump issued another stern warning on Monday, threatening to sue Federal Reserve Chair Jerome Powell for "gross negligence," a charge he linked to Powell's management of the renovation project at the Fed's Washington headquarters.
Trump told reporters in Florida that he plans to announce his nominee for the next Fed Chair at a selected date in January of next year.
When questioned by reporters about the progress of discussions with candidates, President Trump indicated that his preferred candidate for the position of Fed Chair "has not changed."
Trump made these remarks to journalists after meeting with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago estate.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
