← All storiesPoliticsDeveloping story

Trump Says He May Bring a Lawsuit Against Fed's Powell

President Donald Trump has expressed his dissatisfaction with the performance of Federal Reserve Chair Jerome Powell, whom he has labeled as an "incompetent man." Trump made these comments following a meeting with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago resort. The article suggests that Trump is still considering the possibility of bringing a lawsuit against Powell, indicating his ongoing criticism of the Federal Reserve's policies and leadership. The president has previously criticized the central bank's interest rate hikes, which he believes have negatively impacted the U.S. economy. The article does not provide any further details on the potential lawsuit or the specific reasons behind Trump's discontent with Powell's leadership. It remains to be seen whether the president will follow through with his threat or if this is merely a rhetorical statement reflecting his broader dissatisfaction with the Federal Reserve's actions.

18
updates in timeline
1
distinct sources
3 weeks
story span
Jan 18, 2026
latest update

Dec 29, 2025 → Jan 18, 2026

LATEST DEVELOPMENT
Jan 18, 2026·BloombergT2 · Outlet report
Hassett Says Trump May Be Right to Keep Him Out as Fed Chair

White House economic adviser Kevin Hassett suggested that President Donald Trump may choose to keep him in his current role, effectively ruling him out as a potential candidate for the next Federal Reserve chair. Hassett's comments come…

Read original at Bloomberg →
ACTIVITY · UPDATES PER MONTH
Dec 25
Jan 26

18 updates from 1 source over 3 weeks.

Showing 18 of 18 updates

Timeline (18 updates)

January 2026

17 updates
Jan 18, 2026·BloombergT2 · Outlet reportLATEST
Hassett Says Trump May Be Right to Keep Him Out as Fed Chair

White House economic adviser Kevin Hassett suggested that President Donald Trump may choose to keep him in his current role, effectively ruling him out as a potential candidate for the next Federal Reserve chair.…

Read original at Bloomberg →
Jan 18, 2026·BloombergT2 · Outlet report
Bessent Says Senate Will Be Happy With Any of Four Fed Candidates

In an interview with NBC News, Treasury Secretary Scott Bessent stated that the Senate would be "quite happy" with any of the four "great" candidates the Trump administration is considering to replace Federal Reserve…

Read original at Bloomberg →
Jan 16, 2026·BloombergT2 · Outlet report
Trump’s Pursuit of Powell Threatens to Muddle The Tea Leaves For Fed Watchers

The article discusses the Trump administration's criticism of the Federal Reserve and its potential impact on Jerome Powell's future at the central bank. The administration's attacks on the Fed have fueled speculation…

Read original at Bloomberg →
Jan 14, 2026·BloombergT2 · Outlet report
How the Powell Probe Could Blow Up Trump’s Fed Plans

The article discusses the potential impact of the ongoing criminal investigation into Federal Reserve Chair Jerome Powell on President Trump's plans for the Federal Reserve. The investigation, which has faced criticism,…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet reportKEY MOMENT
Hassett May Be 'Done' As Fed Pick: Whalen

The article discusses the ongoing political and legal attacks by the Trump administration on the Federal Reserve and its chairman, Jerome Powell. Chris Whalen, the Chairman of Whalen Global Advisors, suggests that…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet report
Trump Says Dimon ‘Wrong’ to Criticize DOJ Probe of Fed’s Powell

President Donald Trump has criticized Jamie Dimon, the CEO of JPMorgan Chase, for his comments regarding the Justice Department's probe into the Federal Reserve. Trump stated that Dimon was "wrong" to suggest that the…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet report
CPI Data Fails to Alter Rate Cut Bets Amid DOJ-Powell Spat | Bloomberg Businessweek Daily 1/13/2026

The news article discusses the latest developments in the economic and political landscape, including President Trump's remarks at the Detroit Economic Club, the ongoing dispute between the Department of Justice (DOJ)…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet report
Hard to Argue With People's Emotions Around Economic Strain, Says Martha Gimbel

According to Martha Gimbel, the director of the Yale Budget Lab, the Trump administration is making Federal Reserve Chair Jerome Powell's job more difficult by signaling that the Fed has limited room to address the…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet reportKEY MOMENT
Trump Says Furor Over Powell Probe Won’t Delay Fed Pick

The article discusses President Donald Trump's plan to announce a nominee for the Federal Reserve Chair position within the next few weeks, despite the controversy surrounding a Justice Department probe into the…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet report
Global Central Bankers Show ‘Full Solidarity’ With Fed’s Powell

The article discusses the global central bankers' response to the Trump administration's pressure on the Federal Reserve and its chairman, Jerome Powell. Global central bankers have expressed "full solidarity" with…

Read original at Bloomberg →
Jan 13, 2026·BloombergT2 · Outlet report
Fed That Fights Back Is a Threat to Trump’s Takeover Plan

The news article discusses the growing tension between the Federal Reserve and the Trump administration. The article highlights that for the first time, Fed Chair Jerome Powell responded defiantly to the president's…

Read original at Bloomberg →
Jan 12, 2026·BloombergT2 · Outlet report
Powell's Made This Political: Sen. Marshall

Senator Roger Marshall (R-KS) has expressed his views on the recent developments between the Department of Justice (DOJ) and the Federal Reserve (Fed). Marshall voiced his support for President Trump's proposal to cap…

Read original at Bloomberg →
Jan 12, 2026·BloombergT2 · Outlet report
Why the Trump Administration Is Subpoenaing the Fed Over a Building Renovation

The Trump administration has subpoenaed the Federal Reserve (Fed) over a building renovation project. The Department of Justice (DOJ) has served grand jury subpoenas to the Fed, seeking information related to the…

Read original at Bloomberg →
Jan 12, 2026·BloombergT2 · Outlet reportKEY MOMENT
DOJ Serves Fed With Grand Jury Subpoenas

The U.S. Department of Justice (DOJ) has served the Federal Reserve (Fed) with grand jury subpoenas, according to Federal Reserve Chair Jerome Powell. This action represents a significant escalation in the Trump…

Read original at Bloomberg →
Jan 12, 2026·BloombergT2 · Outlet report
Fed's Powell Served With DOJ Subpoenas & Iran Protests Intensify | Daybreak Europe 1/12/2026

Here is a 185-word summary of the news article: Federal Reserve Chair Jerome Powell revealed that the Department of Justice has served the Fed with grand jury subpoenas, threatening criminal charges related to his…

Read original at Bloomberg →
Jan 12, 2026·BloombergT2 · Outlet report
Justice Department Serves Fed With Grand Jury Subpoenas

The Justice Department has served the Federal Reserve with grand jury subpoenas, according to Federal Reserve Chair Jerome Powell. This is a significant development, as it represents a dramatic escalation of the Trump…

Read original at Bloomberg →
Jan 12, 2026·BloombergT2 · Outlet report
Powell Probe Stirs GOP Concern, Threat to Stop Trump Nominee

The article reports that President Donald Trump is facing opposition from some key Republican lawmakers over a Federal Reserve probe. The issue stems from Fed Chair Jerome Powell's accusation that the Department of…

Read original at Bloomberg →

December 2025

1 update
Dec 29, 2025·BloombergT2 · Outlet reportOPENING
Trump Says He May Bring a Lawsuit Against Fed's Powell

President Donald Trump has expressed his dissatisfaction with the performance of Federal Reserve Chair Jerome Powell, whom he has labeled as an "incompetent man." Trump made these comments following a meeting with…

Read original at Bloomberg →

Sources & evidence (18)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

T2 · Outlet report× 18
COVERAGE BY SOURCE
Bloomberg 18
STRONGEST EVIDENCE
T2 · Outlet reportBloombergJan 18, 2026

White House economic adviser Kevin Hassett suggested that President Donald Trump may choose to keep him in his current role, effectively ruling him out as a potential candidate for the next Federal Reserve chair. Hassett's comments come…

View source →
T2 · Outlet reportBloombergJan 18, 2026

In an interview with NBC News, Treasury Secretary Scott Bessent stated that the Senate would be "quite happy" with any of the four "great" candidates the Trump administration is considering to replace Federal Reserve Chair Jerome Powell.…

View source →
T2 · Outlet reportBloombergJan 16, 2026

The article discusses the Trump administration's criticism of the Federal Reserve and its potential impact on Jerome Powell's future at the central bank. The administration's attacks on the Fed have fueled speculation that Powell will…

View source →
T2 · Outlet reportBloombergJan 14, 2026

The article discusses the potential impact of the ongoing criminal investigation into Federal Reserve Chair Jerome Powell on President Trump's plans for the Federal Reserve. The investigation, which has faced criticism, has prompted some…

View source →
T2 · Outlet reportBloombergJan 13, 2026

The article discusses the ongoing political and legal attacks by the Trump administration on the Federal Reserve and its chairman, Jerome Powell. Chris Whalen, the Chairman of Whalen Global Advisors, suggests that President Trump's attacks…

View source →
T2 · Outlet reportBloombergJan 13, 2026

President Donald Trump has criticized Jamie Dimon, the CEO of JPMorgan Chase, for his comments regarding the Justice Department's probe into the Federal Reserve. Trump stated that Dimon was "wrong" to suggest that the investigation was…

View source →

Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary

Related stories

TechnologyT2 · Outlet report

US supreme court rejects Republican-drawn midterm map in Missouri for third time – as it happened

Long-running fight over Trump-backed maps takes another turn as absentee voting is already under way in Missouri. This blog is now closed. Sign up for US Breaking News emails Xi…

13 updates3 sources9 days long
Sep 26, 2026 → Oct 5, 2026
Latest: Trump Hits Campaign Trail as GOP Support Slips · Bloomberg
TechnologyT2 · Outlet report

Trump unveils his new Super Intelligence Force

This new task force is Trump's latest response to the debate over AI safety.

3 updates3 sources1 day long
Oct 4, 2026 → Oct 5, 2026
Latest: Trump unveils 'Super Intelligence Force' to oversee AI policy · BBC
PoliticsT2 · Outlet report

US Visa Ban Hits Judge at Center of Chinese Port Dispute in Peru

The Trump administration’s decision to revoke the visa of a Peruvian judge who sided with a Chinese company in a port dispute puts a new spotlight on the growing US-China rivalry…

2 updates1 source3 days long
Oct 1, 2026 → Oct 4, 2026
Latest: Bolsonaro Surges to Lead as Brazil Swings to the Right · Bloomberg
PoliticsT2 · Outlet report

Bosnia Election: Donald Trump’s Promises Foster Rare Unity

As Bosnians vote in an election this weekend, the country is embracing the US president’s family and friends.

2 updates1 source
Oct 4, 2026
Latest: Pro-Russia Dodik Hails Trump as Allies Win in Bosnia Vote · Bloomberg
TechnologyT2 · Outlet report

Can ‘super intelligence’ and a non-binding safety pact solve AI’s image problem?

On Equity, we discussed the Trump administration's attempts to rebrand AI.

1 update1 source
Oct 4, 2026
Latest: Can ‘super intelligence’ and a non-binding safety pact solve AI’s image problem? · TechCrunch
PoliticsT2 · Outlet report

US Policy on Taiwan Unchanged After Xi Visit, Perdue Says

Donald Trump and Xi Jinping discuss Taiwan arms sales every time they get together but the American stance on the self-ruled island remains unchanged following the Chinese…

3 updates1 source7 days long
Sep 27, 2026 → Oct 4, 2026
Latest: Taiwan’s Envoy Prods Trump Administration on Stalled Arms Sale · Bloomberg