WASHINGTON (Reuters) -U.S. President Donald Trump is considering a lawsuit against Federal Reserve Chair Jerome Powell related to his management of renovations at the Fed’s Washington headquarters, White House spokeswoman Karoline Leavitt said on Tuesday.

The potential move, suggested earlier in a presidential social media post, escalates Trump’s continuing pressure on the central bank leader to cut interest rates.

A Fed spokesperson did not have a comment.

White House officials have said they are investigating renovations of two historic buildings by the Fed, suggesting poor oversight and potential fraud have driven up the cost unnecessarily and that the project is inappropriately ostentatious to boot.

Trump visited the site a couple of weeks ago and repeated those accusations, even a

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