Trump Escalates His War on the Fed
By LauraAboli
Trump Escalates His War on the Fed
Jerome “Too Late” Powell just got hit with more than a rate-cut demand from Trump, who is now publicly considering allowing a “major lawsuit” against the Fed Chair over what he calls “horrible” and “grossly incompetent” mismanagement of a Federal Reserve building project.
Trump claims the cost ballooned to $3 billion for work that should have cost around $50 million.
But this isn’t just about a construction bill, it’s about pulling the mask off the Fed itself.
For over a century, the Federal Reserve has operated as an untouchable power center; a privately controlled, debt-issuing machine masquerading as a government institution. By even floating legal action against its head, Trump is signaling that the Fed’s “independence” may no longer be a sacred cow.
This is more than a jab at Powell, it’s a warning shot at the entire central banking system!
Original source: https://t.me/LauraAbolichannel/74262