Trump threatens Fed's Powell with lawsuit, stepping up his attacks
Trump threatens Fed's Powell with lawsuit, stepping up his attacks
- August 12, 2025
- Gary Richardson, economics, Quartz, Aug. 12, 2025
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"It's not unusual for the Fed to be sued a bunch," Gary Richardson, a professor at the University of California, Irvine and Fed history expert, said. "But it's rare to have a lawsuit over monetary policy. It's been rare to have a lawsuit over the rules about the leadership, I think, because the law there is very clear. The law leaves kind of little wiggle room for the president."
For the full story, please visit https://qz.com/trump-powell-lawsuit-federal-reserve-central-bank.
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