In a recent twist that left many observers stunned, former President Donald Trump claimed he was “surprised” that Jerome Powell had been appointed as Chair of the Federal Reserve. The remark sparked confusion—not because Powell’s appointment is controversial, but because Trump himself appointed him.
This blog aims to clarify exactly who appointed Jerome Powell, why this confusion matters, and what it says about the broader political landscape.
The Truth: Trump Appointed Jerome Powell in 2017
Jerome Powell was nominated by Donald Trump on November 2, 2017, to serve as Chair of the Federal Reserve, replacing Janet Yellen. Powell was a Republican, already serving on the Fed board, and widely viewed as a moderate and stabilizing figure. Trump praised Powell at the time as someone who would “provide strong, sound, and steady leadership.”
His nomination received strong bipartisan support and was confirmed by the Senate on January 23, 2018, with an 84–13 vote. Powell officially became Fed Chair on February 5, 2018.
Biden’s Role: Renominating Powell in 2021
When Powell’s first term was set to expire, President Joe Biden made the decision to reappoint him in November 2021, citing his steady leadership during the pandemic and bipartisan credibility. Powell was again confirmed by the Senate, this time by an 80–19 vote, and sworn in for a second term on May 23, 2022.
So to be clear:
- Trump appointed Powell first.
- Biden reappointed him for a second term.
Trump’s Confusing Comment Raises Eyebrows
On July 16, 2025, Trump made a public comment saying:
“I was surprised he was appointed. I was surprised, frankly, that Biden put him in and extended him.”
The issue? Trump was the one who nominated Powell in the first place. This wasn’t a joke or sarcasm—he genuinely seemed to forget. This statement came in a string of increasingly frequent cognitive missteps, including:
- Recounting fictional stories involving his deceased uncle and the Unabomber.
- Responding off-topic during press briefings.
- Telling bizarre, unrelated stories during campaign events.
These moments have raised concerns about Trump’s memory and mental clarity, especially as he pursues another presidential term.
Why It Matters
The Federal Reserve is one of the most powerful economic institutions in the world. It needs to remain independent and stable, especially during times of inflation or economic uncertainty. For a former president to forget he appointed its chair is more than a quirky moment—it calls into question the consistency and seriousness of leadership.
It also brings attention to the broader issue of political accountability. If a leader forgets their own decisions, how can voters trust their judgment going forward?
Powell’s Appointment Timeline (At a Glance)
| Event | Date | Appointed By |
|---|---|---|
| Nomination as Fed Chair | Nov 2, 2017 | Donald Trump |
| Senate Confirmation (1st Term) | Jan 23, 2018 | Trump |
| First Term Begins | Feb 5, 2018 | Trump |
| Renomination | Nov 22, 2021 | Joe Biden |
| Senate Confirmation (2nd Term) | May 12, 2022 | Biden |
| Second Term Begins | May 23, 2022 | Biden |
Final Thoughts
If you’re searching for “Who appointed Jerome Powell?”, the answer is crystal clear: Donald Trump in 2017. While President Biden reappointed Powell for a second term in 2021, it was Trump who originally nominated him.
Whether Trump’s recent comments were an oversight, confusion, or something more troubling, they remind us how crucial it is to stay grounded in facts, especially when it comes to leadership decisions that shape the global economy.
FAQs
Who originally appointed Jerome Powell as Federal Reserve Chair?
Jerome Powell was originally appointed by President Donald Trump in November 2017. He officially began his term on February 5, 2018.
Did President Joe Biden appoint Jerome Powell?
No, President Biden did not initially appoint Powell. He reappointed Powell for a second term in November 2021, which was later confirmed by the Senate.
Why did Donald Trump appoint Jerome Powell?
Trump selected Powell to replace Janet Yellen, hoping for a Federal Reserve Chair who would support his economic and deregulation policies. Powell was seen as a moderate with bipartisan support.
Has any president ever removed a sitting Fed Chair?
No U.S. president has ever successfully removed a Federal Reserve Chair before the end of their term. The Fed is designed to be independent from political pressure.
What did Trump say about Powell in 2025?
In July 2025, Trump stated he was “surprised” that Powell had been appointed, suggesting Biden was responsible. This caused confusion because Trump himself appointed Powell in 2017.
How long is the term for a Federal Reserve Chair?
The Chair of the Federal Reserve serves a four-year term, but can be reappointed for additional terms. Powell is currently serving his second term (2022–2026).
