{"id":2526381,"date":"2025-12-29T19:14:01","date_gmt":"2025-12-30T00:14:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-floats-gross-incompetence-lawsuit-against-powell\/"},"modified":"2025-12-29T19:17:05","modified_gmt":"2025-12-30T00:17:05","slug":"trump-floats-gross-incompetence-lawsuit-against-powell","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-floats-gross-incompetence-lawsuit-against-powell\/","title":{"rendered":"Trump floats &#8216;gross incompetence&#8217; lawsuit against Powell"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-floats-gross-incompetence-lawsuit-against-powell%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2526381&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Donald Trump said he is considering suing Federal Reserve Chairman Jerome Powell for &#8220;<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/if-the-media-had-investigated-cuomos-covid-response-the-way-they-did-cruzs-cancun-trip-thousands-of-new-yorkers-could-still-be-alive\/\" title=\"If The Media Had Investigated Cuomo\u2019s COVID Response The Way They Did Cruz\u2019s Cancun Trip, Thousands Of New Yorkers Could Still Be Alive\">gross incompetence<\/a>&#8221; over cost overruns and delays on the Fed headquarters renovation. Trump complained the project is massively over budget &#8211; citing an extra $4 billion and calling it the highest construction cost per square foot in history &#8211; and blamed powell directly, calling him incompetent and claiming the project was &#8220;his baby.&#8221; He repeated longstanding criticisms of Powell from his first year in office, when he pushed for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-to-stop-inflation-from-hurting-americas-working-and-middle-class\/\" title=\"How To Stop Inflation From Hurting America\u2019s Working And Middle Class\">lower interest rates<\/a>, though he has not taken formal action against the Fed chief. Despite Trump&#8217;s attacks, Powell retains modest public support: a Gallup poll in December showed a 44% approval rating, the highest among national figures in that survey.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump floats &lsquo;gross incompetence&rsquo; lawsuit against Powell over Fed renovation costs<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2389046\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\">Donald Trump<\/a> floated filing a lawsuit alleging &ldquo;<a href=\"https:\/\/amzn.to\/3YuVZYV\" >gross incompetence&#038;rdquo<\/a>; against Federal Reserve Chairman <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/jerome-powell\/\">Jerome Powell<\/a> over the costs associated with renovating the Fed headquarters.<\/p>\n<p>Trump renewed his feud with Powell on Monday, this time directing his complaints against the project. &ldquo;They don&rsquo;t know what they&rsquo;re doing. They&rsquo;re way over budget,&rdquo; Trump bemoaned.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/technology\/4364068\/broadband-deregulation-commerce-department-lutnick\/\">Broadband deregulation agenda at Commerce Department set to save $21 billion: Lutnick<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4363983\/trump-netanyahu-disagreements-mar-a-lago-meeting\/\">Trump and Netanyahu paper over disagreements at Mar-a-Lago meeting<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4363890\/israeli-president-pushes-back-trump-netanyahu-impending-pardon\/\">Israeli president pushes back after Trump says Netanyahu pardon &#8216;on its way&#8217;<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>He then sprinkled his previous criticisms of Powell in, blaming the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-home-construction-unexpectedly-plunges-as-bidenflation-pushes-costs-through-the-roof\/\" title=\"New Home Construction Unexpectedly Plunges as Bidenflation Pushes ... Through The Roof\">construction costs<\/a> and delays specifically on him.<\/p>\n<p>&ldquo;We&rsquo;re thinking about bringing a suit against Powell for incompetence because think of it: These are two. These are outstanding buildings. These are small buildings. He said, &lsquo;$4 billion more.&rsquo; It&rsquo;s going to end up costing more than $4 billion &mdash; $4 billion! It&rsquo;s the highest price of construction &hellip; per square foot in the history of the world,&rdquo; Trump said.<\/p>\n<p>&ldquo;Gorgeous monuments are built for a much smaller price,&rdquo; he added.<\/p>\n<p>The problems had grown so severe that Trump said his administration would file a lawsuit for gross incompetence in response.<\/p>\n<p>&ldquo;So we&rsquo;re thinking about bringing a a gross incompetence, what&rsquo;s called gross incompetence lawsuit. It&rsquo;s gross incompetence against Powell, and it was his baby, and the guy&rsquo;s just incompetent. There is nothing you can do about it. He&rsquo;s just a very incompetent man, but we&rsquo;re going to probably bring a lawsuit against him,&rdquo; the president said.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4356661\/gallup-poll-political-figures-underwater-approval-ratings\/\">POLL FINDS EVERY MAJOR POLITICAL FIGURE UNDERWATER IN APPROVAL<\/a><\/strong><\/p>\n<p>Powell was one of the most consistent targets of Trump during his first year in office, with the president constantly savaging him for not cutting interest rates. Despite a variety of threats, Trump has refrained from concrete actions against him.<\/p>\n<p>Despite Trump&rsquo;s attacks, Powell remains moderately popular among the general population. A <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/4356661\/gallup-poll-political-figures-underwater-approval-ratings\/\">December Gallup poll<\/a> gave him the highest approval rating of any national figure, albeit at only 44%.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump may sue Powell over Fed renovation costs<\/p>\n","protected":false},"author":2653,"featured_media":2526382,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/trump-powell-fed-renovation.webp?w=696","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[4585,69683,3634],"class_list":["post-2526381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-lawsuit","tag-sidney-powell","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/trump-powell-fed-renovation.webp?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2526381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2526381"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2526381\/revisions"}],"predecessor-version":[{"id":2526385,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2526381\/revisions\/2526385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2526382"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2526381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2526381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2526381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}