Trump has allowed the possibility of filing a lawsuit against Fed Chairman Powell
On December 29, US President Donald Trump announced that he was considering filing a lawsuit against Chairman of the Board of Governors of the Federal Reserve System Jerome Powell.
"We are thinking about filing a serious incompetence lawsuit against Powell," he said.
According to Trump, Powell is "overdue" because he is slowly lowering the interest rate. The American leader demanded that the Fed chairman resign ahead of schedule, but did not dismiss him on his own.
Trump said on December 23 that anyone who disagrees with him will never be able to lead the US Federal Reserve. The head of the White House also stressed the need to lower the interest rate.
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