Trump threatens Fed chair Powell with ‘major lawsuit’ over HQ renovation cost

U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025.

Kent Nishimura | Reuters

President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to go forward, dramatically escalating his efforts to pressure the central bank leader to immediately lower interest rates.

This is breaking news. Please refresh for updates.

Source

Politics

In pictures: ‘Stop Trump’ protesters target JD Vance’s UK summer trip

August 13, 2025

JD Vance’s U.K. trip has caused a stir, with locals staging a ‘Vance not welcome party’ on Tuesday after the U.S. vice president’s motorcade arrived in the picturesque Cotswolds. “Bullies not welcome here,” read one sign, while another called to “make America moral again.” Other placards mocked the U.S. official more directly, saying “JD Vance’s […]

Politics

White House tames expectations for Trump-Putin summit

August 13, 2025

(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep America Great rally in Phoenix, Arizona, on February 19, 2020. Russian President Vladimir Putin delivers a speech during a ceremony in Jerusalem on January 23, 2020 commemorating the people of Leningrad during the Second World […]

Politics

European powers threaten ‘snapback sanctions’ if Iran doesn’t return to nuclear talks

August 13, 2025

The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria. Michael Gruber | Getty Images News | Getty Images France, the U.K. and Germany have told the United Nations they support reinstating snapback sanctions on Iran, if it doesn’t […]