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January 24, 2025 at 8:44 AM
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In 2017, Trump nominated Jerome Powell as Fed Chair because he couldn't stand the idea of having to deal with Janet Yellen since she's a woman. He called Powell strong, committed, and smart.

In 2025, Trump wondered aloud why Biden had made Powell the Fed Chair, calling Powell "terrible."
Trump Announces Jerome Powell as New Fed Chairman Share full article133 Jerome H. Powell, a member of the Federal Reserve’s board since 2012, is President Trump’s pick to be the next chairman.Credit...Lexey Swall for The New York Times By Ana Swanson and Binyamin Appelbaum Nov. 2, 2017 WASHINGTON — President Trump nominated Jerome H. Powell to chair the Federal Reserve on Thursday, bypassing Janet L. Yellen for a second term but turning to a replacement who is expected to stay the course on monetary policy if the economy continues its steady growth. “He’s strong, he’s committed, he’s smart,” Mr. Trump said in the White House Rose Garden, where he introduced Mr. Powell as his choice. Using Mr. Powell’s nickname, the president said, “I am confident that with Jay as a wise steward of the Federal Reserve, it will have the leadership it needs in the years to come.” Trump says he was surprised that Jerome Powell, the Fed chair he appointed, was appointed The president seemed to forget that he appointed Federal Reserve Chair Jerome Powell, which was part of an unsettling pattern of cognitive missteps. Jul. 16, 2025, 2:48 PM EDT By Steve Benen Donald Trump has made no effort to hide his growing contempt for Federal Reserve Chairman Jerome Powell, but as NBC News reported, the president made a new comment about his target that raised eyebrows: Trump said he was ‘surprised’ that Powell had been nominated to be chair of the Federal Reserve. ‘I was surprised he was appointed,’ Trump said. ‘I was surprised, frankly, that Biden put him in and extended him.’
January 12, 2026 at 1:05 AM