Trump expressed disappointment that Powell was ever appointed to lead the independent agency ‒ even though it was Trump who in 2017 nominated Powell to Fed's board of governors during his first term.
“He’s a terrible Fed chair. I was surprised he was appointed," Trump said, falsely accusing his predecessor, former President Joe Biden, of appointing Powell. "I was surprised, frankly, that Biden put him in and extended him, but they did."
Link: https://www.usatoday.com/story/news/politics/2025/07/16/trump-denies-plans-to-fire-fed-chairman-jerome-powel/85243142007/