{"id":52195,"date":"2025-08-12T16:39:32","date_gmt":"2025-08-12T16:39:32","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=52195"},"modified":"2025-08-12T16:39:32","modified_gmt":"2025-08-12T16:39:32","slug":"president-trump-threatens-a-major-lawsuit-against-fed-chairman-jerome-powell-and-unleashes-fire-on-him-after-seeing-latest-inflation-data","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=52195","title":{"rendered":"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data"},"content":{"rendered":"

\"\"<\/p>\n

\"\"
Credit: Gage Skidmore\/Flickr<\/figcaption><\/figure>\n

President Trump is upping the ante against Federal Reserve Chairman Jerome Powell, whose next stop could be in a courtroom.<\/p>\n

AS TGP readers know, Powell has stubbornly held interest rates steady for months despite plummeting inflation numbers, claiming the tariffs will possibly reverse the trend. As a result, Americans are having great difficulty affording homes.<\/p>\n

On Tuesday, the latest inflation numbers came in. Once again, Powell was proven a fool as inflation held steady at 2.7% in July, shy of the 2.8% Wall Street expected.<\/p>\n

\n
<\/div>\n<\/div>\n

Upon seeing the data, Trump attacked the Federal Reserve Chair while ripping former Treasury Secretary Steve Mnuchin for recommending him in the first place.<\/p>\n

\u201cJerome \u2018Too Late\u2019 Powell must NOW lower the rate,\u201d Trump stated. \u201cSteve Manouychin really gave me a \u2018beauty\u2019 when he pushed this loser.\u201d<\/p>\n

\u201cThe damage he has done by always being Too Late is incalculable, the president added. \u201cFortunately, the economy is sooo good that we\u2019ve blown through Powell and the complacent Board.\u201d<\/p>\n

Trump then wrote that he was considering a \u201cmajor lawsuit\u201d against Powell, citing his corrupt $3 billion<\/a>-plus renovation of a construction project at the Federal Reserve.<\/p>\n

\u201cI 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. Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good!\u201d<\/p>\n\n

As The Gateway Pundit reported<\/a>, Powell has been criminally referred to the Justice Department for prosecution.<\/p>\n

Last month, GOP Rep. Anna Paulina Luna said she would be criminally referring Jerome Powell over the renovation insanity.<\/p>\n

\u201cOn June 25, 2025, Chairman Powell provided testimony under oath before the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding the renovation of the Federal Reserve\u2019s Eccles Building. In his statements, he made several materially false claims,\u201d Luna\u2019s letter said, according to Fox News.<\/p>\n

Rep. Luna said Powell was lying about the cost of the renovations.<\/p>\n

\u201cSeparately, in a letter to the Office of Management and Budget (OMB) Director Russell Vought, Chairman Powell characterized the changes that escalated the cost of the project from $1.9 billion to $2.5 billion as minor. However, documents reviewed by congressional investigators indicate that the scope and cost overruns of this project were neither minor in nature nor in substance,\u201d Luna wrote.<\/p>\n

\n
<\/div>\n<\/div>\n

The post President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Credit: Gage Skidmore\/Flickr President Trump is upping the ante against Federal Reserve Chairman Jerome Powell, whose next stop<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-52195","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nPresident Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=52195\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data - Sasquatch News Online\" \/>\n<meta property=\"og:description\" content=\"Credit: Gage Skidmore\/Flickr President Trump is upping the ante against Federal Reserve Chairman Jerome Powell, whose next stop\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sasquatchnewsonline.com\/?p=52195\" \/>\n<meta property=\"og:site_name\" content=\"Sasquatch News Online\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-12T16:39:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/02\/30020836983_0c6d0e542e_c-1200x630.jpg\" \/>\n<meta name=\"author\" content=\"michael\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"michael\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195\"},\"author\":{\"name\":\"michael\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#\\\/schema\\\/person\\\/ad0c8e1b95566d8fc0863991c0df1bde\"},\"headline\":\"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data\",\"datePublished\":\"2025-08-12T16:39:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195\"},\"wordCount\":441,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.thegatewaypundit.com\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/30020836983_0c6d0e542e_c-1200x630.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195\",\"url\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195\",\"name\":\"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data - Sasquatch News Online\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.thegatewaypundit.com\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/30020836983_0c6d0e542e_c-1200x630.jpg\",\"datePublished\":\"2025-08-12T16:39:32+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#\\\/schema\\\/person\\\/ad0c8e1b95566d8fc0863991c0df1bde\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#primaryimage\",\"url\":\"https:\\\/\\\/www.thegatewaypundit.com\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/30020836983_0c6d0e542e_c-1200x630.jpg\",\"contentUrl\":\"https:\\\/\\\/www.thegatewaypundit.com\\\/wp-content\\\/uploads\\\/2025\\\/02\\\/30020836983_0c6d0e542e_c-1200x630.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=52195#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#website\",\"url\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/\",\"name\":\"Sasquatch News Online\",\"description\":\"Simple News Aggregator for Tall Furry Mammals\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#\\\/schema\\\/person\\\/ad0c8e1b95566d8fc0863991c0df1bde\",\"name\":\"michael\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91d9ad90d000862be61f4d7dca0c7ab5f6098331605977ac600f25647e0208ea?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91d9ad90d000862be61f4d7dca0c7ab5f6098331605977ac600f25647e0208ea?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/91d9ad90d000862be61f4d7dca0c7ab5f6098331605977ac600f25647e0208ea?s=96&d=mm&r=g\",\"caption\":\"michael\"},\"url\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data - Sasquatch News Online","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sasquatchnewsonline.com\/?p=52195","og_locale":"en_US","og_type":"article","og_title":"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data - Sasquatch News Online","og_description":"Credit: Gage Skidmore\/Flickr President Trump is upping the ante against Federal Reserve Chairman Jerome Powell, whose next stop","og_url":"https:\/\/sasquatchnewsonline.com\/?p=52195","og_site_name":"Sasquatch News Online","article_published_time":"2025-08-12T16:39:32+00:00","og_image":[{"url":"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/02\/30020836983_0c6d0e542e_c-1200x630.jpg","type":"","width":"","height":""}],"author":"michael","twitter_card":"summary_large_image","twitter_misc":{"Written by":"michael","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#article","isPartOf":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=52195"},"author":{"name":"michael","@id":"https:\/\/sasquatchnewsonline.com\/#\/schema\/person\/ad0c8e1b95566d8fc0863991c0df1bde"},"headline":"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data","datePublished":"2025-08-12T16:39:32+00:00","mainEntityOfPage":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=52195"},"wordCount":441,"commentCount":0,"image":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#primaryimage"},"thumbnailUrl":"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/02\/30020836983_0c6d0e542e_c-1200x630.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sasquatchnewsonline.com\/?p=52195#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sasquatchnewsonline.com\/?p=52195","url":"https:\/\/sasquatchnewsonline.com\/?p=52195","name":"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data - Sasquatch News Online","isPartOf":{"@id":"https:\/\/sasquatchnewsonline.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#primaryimage"},"image":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#primaryimage"},"thumbnailUrl":"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/02\/30020836983_0c6d0e542e_c-1200x630.jpg","datePublished":"2025-08-12T16:39:32+00:00","author":{"@id":"https:\/\/sasquatchnewsonline.com\/#\/schema\/person\/ad0c8e1b95566d8fc0863991c0df1bde"},"breadcrumb":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sasquatchnewsonline.com\/?p=52195"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#primaryimage","url":"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/02\/30020836983_0c6d0e542e_c-1200x630.jpg","contentUrl":"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/2025\/02\/30020836983_0c6d0e542e_c-1200x630.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/sasquatchnewsonline.com\/?p=52195#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sasquatchnewsonline.com\/"},{"@type":"ListItem","position":2,"name":"President Trump Threatens a \u201cMajor Lawsuit\u201d Against Fed Chairman Jerome Powell and Unleashes Fire On Him After Seeing Latest Inflation Data"}]},{"@type":"WebSite","@id":"https:\/\/sasquatchnewsonline.com\/#website","url":"https:\/\/sasquatchnewsonline.com\/","name":"Sasquatch News Online","description":"Simple News Aggregator for Tall Furry Mammals","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sasquatchnewsonline.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sasquatchnewsonline.com\/#\/schema\/person\/ad0c8e1b95566d8fc0863991c0df1bde","name":"michael","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/91d9ad90d000862be61f4d7dca0c7ab5f6098331605977ac600f25647e0208ea?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/91d9ad90d000862be61f4d7dca0c7ab5f6098331605977ac600f25647e0208ea?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/91d9ad90d000862be61f4d7dca0c7ab5f6098331605977ac600f25647e0208ea?s=96&d=mm&r=g","caption":"michael"},"url":"https:\/\/sasquatchnewsonline.com\/?author=1"}]}},"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","darknews-slider-full":"","darknews-featured":"","darknews-medium":"","darknews-medium-square":""},"author_info":{"display_name":"michael","author_link":"https:\/\/sasquatchnewsonline.com\/?author=1"},"category_info":"<a href=\"https:\/\/sasquatchnewsonline.com\/?cat=1\" rel=\"category\">Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/52195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52195"}],"version-history":[{"count":0,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/52195\/revisions"}],"wp:attachment":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}