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

Israel says Netanyahu will meet with Trump on Wednesday about Iran talks

February 7, 2026

U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu hold a press conference after meeting at Trump’s Mar-a-Lago club in Palm Beach, Florida, U.S., Dec. 29, 2025. Jonathan Ernst | Reuters Israeli Prime Minister Benjamin Netanyahu will meet with U.S. President Donald Trump in Washington on Wednesday about American talks with Iran, his office […]

U.S. judge unfreezes funding for billion New York City tunnel project

Politics

U.S. judge unfreezes funding for $16 billion New York City tunnel project

February 7, 2026

The Gateway Tunnel site near W. 30th St. and 11th Ave. in Hudson Yards, New York City, on Oct. 23, 2025. New York Daily News | Tribune News Service | Getty Images A New York federal judge on Friday unfroze funds withheld by U.S. President Donald Trump’s administration for a $16 billion project to overhaul […]

Politics

SAVE Act voter ID bill is on the minds of Trump and Congress: What to know

February 6, 2026

U.S. Senate Majority Leader John Thune, R-S.D., speaks to reporters after the weekly Senate Republican caucus policy luncheon at the Capitol in Washington, Jan. 13, 2026. Kevin Lamarque | Reuters The rapper Nicki Minaj supports it. Elon Musk says it’s critical to sustain American democracy. The SAVE America Act voter identification bill emerged this week […]