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groundloop

(13,216 posts)
Tue Aug 12, 2025, 03:35 PM Aug 12

Trump is considering suing Jerome Powell, White House says

Source: CNN

President Donald Trump is considering suing Federal Reserve Chair Jerome Powell, White House press secretary Karoline Leavitt said Tuesday.

[.....]

“Fortunately, the economy is sooo good that we’ve blown through Powell and the complacent Board. I am, though, 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,” Trump wrote on his social media platform.

The Fed didn’t immediately respond to CNN’s request for a comment.

It’s possible that any case Trump is considering to pursue shares similarities with the criminal investigation that Republican Rep. Anna Paulina Luna is advocating for, alleging Powell gave false testimony in June to lawmakers regarding the Fed’s renovation plans. Since Powell’s testimony, the Fed has published more materials clarifying the statements he made under oath.

Read more: https://www.cnn.com/2025/08/12/economy/trump-lawsuit-fed-chair-powell

14 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump is considering suing Jerome Powell, White House says (Original Post) groundloop Aug 12 OP
Just f**k these people vapor2 Aug 12 #1
Oh, FFS! CaliforniaPeggy Aug 12 #2
I think he trying to exhaust the judges to get them to resign Raven123 Aug 12 #3
I heard a lot of judges are not retiring for that reason, kimbutgar Aug 12 #7
You may well be correct. Raven123 Aug 12 #10
Is he still considering nuking clouds or blowing up the moon. Oh look, an eclipse. twodogsbarking Aug 12 #4
Where are we on the Epstein Files? Pinback Aug 12 #5
Please proceed orange predo felon kimbutgar Aug 12 #6
MOre distractions. Old Crank Aug 12 #8
I'm gonna sue is trump's version of 'my dad is gonna beat you up' Attilatheblond Aug 12 #9
The convicted felon suing someone is pretty ironic. mdbl Aug 12 #11
Is he dead yet?? Such a tiresome pos. 58Sunliner Aug 13 #12
All these LAWSUITS on the Nation's Credit card. ProudMNDemocrat Aug 13 #13
He'll do anything to JustAnotherGen Aug 13 #14

Raven123

(6,959 posts)
3. I think he trying to exhaust the judges to get them to resign
Tue Aug 12, 2025, 03:44 PM
Aug 12

Then he’ll appoint his sycophants.

Maybe a little sarcastic, but we know wearing people down is his modus operandi

Pinback

(13,363 posts)
5. Where are we on the Epstein Files?
Tue Aug 12, 2025, 04:09 PM
Aug 12

I seem to recall hearing that Trump’s name was mentioned in them quite a few times.

"The times Trump's name appeared in the Epstein files the DOJ has already released" - https://abcnews.go.com/US/times-trumps-appeared-epstein-files-doj-released/story?id=123848078

"FBI redacted Trump’s name from Epstein files before deciding ‘no basis’ to release them, report claims” - https://www.independent.co.uk/news/world/americas/us-politics/trump-epstein-files-fbi-redacted-b2800535.html

kimbutgar

(25,850 posts)
6. Please proceed orange predo felon
Tue Aug 12, 2025, 04:42 PM
Aug 12

Suing a guy for doing his job is Idiocracy and it’s what your administration has always been.

Attilatheblond

(6,960 posts)
9. I'm gonna sue is trump's version of 'my dad is gonna beat you up'
Tue Aug 12, 2025, 05:09 PM
Aug 12

He has not evolved past second grade schoolyard threats. He makes a lot of threats but in the heat of the moment, forgets about that whole Discovery thing.

If he goes ahead and actually follows thru on half of his threats to sue, gotta wonder how hard lawyers for firms that capitulated to his threats and agreed to provide gratis legal services will actually work for the Crybaby in Chief.

ProudMNDemocrat

(20,089 posts)
13. All these LAWSUITS on the Nation's Credit card.
Wed Aug 13, 2025, 08:41 AM
Aug 13

Which is why Law Firms capitulated to him.

Good luck with that Donnie Dipshit. The economy is NOT doing so well. Dropping interest rates to near zero will not only devalue the US Dollar, but reduce the ability to generate wealth for those who need it, There are pluses and minuses to low interest rates when borrowing money. The loans still have to be paid back.

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