TRUMP says he might sue Fed Chair JEROME POWELL for ‘gross incompetence’

Tuesday, December 30, 2025 -President Donald Trump has suggested he may pursue legal action against Federal Reserve Chair Jerome Powell, accusing him of “gross incompetence.” Trump claims that Powell’s decisions regarding interest rates and monetary policy have negatively impacted the U.S. economy, though no formal lawsuit has been filed.

The remarks come amid ongoing debates over inflation, economic growth, and the Federal Reserve’s role in managing the nation’s financial stability. Economists say such statements, while politically charged, highlight the tension between government officials, former leaders, and independent monetary authorities.

Observers note that any legal action against the Fed or its chair would face significant legal hurdles, as the central bank operates with substantial independence. Nonetheless, Trump’s comments are drawing attention to the broader discussion of economic policy and accountability at the highest levels of government.