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Diplomatic Overture: Lavrov Signals Willingness to Meet Rubio

                                                     Russian Foreign Minister Sergei Lavrov Russian Foreign Minister Sergey Lavrov has expressed readiness to meet with U.S. Senator Marco Rubio, signaling a potential opening for dialogue amid strained relations between Moscow and Washington. Lavrov’s statement comes at a time when geopolitical tensions remain high, with both nations navigating disagreements over security, sanctions, and global conflicts. While no formal agenda has been announced, the prospect of a meeting suggests that both sides may be exploring avenues to reduce friction and establish communication channels. Rubio, a senior Republican senator known for his strong stance on foreign policy, has frequently criticized Russia’s actions on the international stage. A meeting between the two figures could mark a rare...
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Trump Weighs Legal Action Against Fed Chair Powell Over Costly Headquarters Renovations

 

U.S. President Donald Trump with Federal Reserve chair Jerome Powell at the Fed’s Washington headquarters, on July 24.


U.S. President Donald Trump is weighing a “major” lawsuit against Federal Reserve Chair Jerome Powell, citing what he calls gross mismanagement of the central bank’s Washington, D.C., headquarters renovation project.

The White House confirmed Tuesday that Trump is exploring legal options after publicly criticizing the project’s ballooning budget. Originally estimated at $1.9 billion, the cost has risen to between $2.4 and $3 billion, depending on the source. Trump has argued the work should have been a “$50 million fix-up” and has accused Powell of overseeing an unnecessarily lavish overhaul.

The renovations involve modernizing and preserving two historic buildings that have not undergone a comprehensive update since the 1930s. The Fed attributes the higher costs to inflation in labor and materials, asbestos removal, and other unforeseen challenges.

This dispute comes amid Trump’s ongoing pressure on Powell to cut interest rates, a point the president reiterated in his latest remarks. Powell’s term as Fed chair runs until May 2026, and legal experts note that the president cannot remove him over policy disagreements.

The Federal Reserve has not commented on the potential lawsuit.

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