Morning Business Report: Trump targets Fed Chair Powell as markets slide and bankruptcies rise
President Trump is once again taking aim at Federal Reserve Chair Jerome Powell, threatening legal action over what he calls “gross incompetence”
(LILAMAX)- President Trump is once again taking aim at Federal Reserve Chair Jerome Powell, threatening legal action over what he calls “gross incompetence” tied to costly renovations at Federal Reserve buildings. The president claims the renovation costs have ballooned far beyond their original scope. Powell has pushed back, saying the project was first approved in 2017 and has been reviewed…