P resident Donald Trump on Tuesday said he’s considering allowing what he called a “major lawsuit” against Federal Reserve Chairman Jerome Powell related to renovation costs at the Fed’s headquarters, in his latest broadside at the central-bank chief.

U.S. President Donald Trump on Tuesday reiterated his call for the U.S. Federal Reserve to lower benchmark rates, and cited "a major lawsuit" against Fed Chair Jerome Powell over renovations of the central bank's buildings.

President Donald Trump said he’s looking at a “major lawsuit” against Federal Reserve Chair Jerome Powell over the agency’s over-budget remodel of its Washington headquarters, which has become a prominent attack line for Trump and his allies against Powell.