Delusional, senile old fool plain forgot he appointed Fed Chair Jerome Powell to the Reserve Board [View all]
Trump admitted Wednesday during an Oval Office press event that he was surprised that Jerome Powell was appointed Fed Chair, apparently forgetting that he was the individual who appointed the terrible appointee.
Hes a terrible Fed chair, he said. I was surprised he was appointed. I was surprised, frankly, that Biden put him in and extended him, but they did.
Trump appointed Powell to lead the central bank in November 2017, selecting him to succeed Janet Yellen despite Powell being a sitting member of the Feds Board of Governors. At the time, Trump praised Powell as a consensus builder with a strong, steady, and wise approach to economic stewardship. However, their relationship quickly soured as the Fed raised interest rates in 2018 and 2019.
https://www.msn.com/en-us/news/politics/trump-surprised-terrible-fed-chair-jerome-powell-was-appointed-forgetting-he-appointed-him/ar-AA1IJ7C6
watch:
Seven years ago, Trump Announces Nomination of Powell to Lead Fed