
Ali Velshi: The jobs numbers aren’t ‘rigged.’ Trump owns this economy.
The president keeps trying to distance himself from the U.S. economy, which has been roiled by the chaos of his tariffs and trade wars.
Washington D.C. - A recent video compilation has brought to light seemingly contradictory statements made by former President Donald Trump regarding Federal Reserve Chair Jerome Powell. The video, released by MSNBC, juxtaposes two distinct moments in Trump's public career. The first segment, dated November 2, 2017, features then-President Trump at a podium, proudly announcing his nomination of Jerome Powell to lead the Federal Reserve. Trump is heard praising the importance of the position and expressing his pleasure in making the nomination. In stark contrast, a second clip from July 16, 2025, shows Trump expressing surprise at Powell's continued tenure. "I was surprised he was appointed," Trump stated, adding, "I was surprised, frankly, that Biden put him in and extended him." He further criticized Powell's performance, stating, "He's a terrible Fed chair. He's costing us a lot of money." This juxtaposition has drawn attention to the evolving political dynamics surrounding the Federal Reserve and the public perception of key economic figures. Powell was initially nominated by Trump in 2017 and later renominated by President Joe Biden in 2021. The video raises questions about political memory and the public discourse surrounding economic leadership.
The president keeps trying to distance himself from the U.S. economy, which has been roiled by the chaos of his tariffs and trade wars.