---
title: "U.S. media: Trump said he \"made a big mistake\" in the decision-making of the Federal Reserve chairman candidate during his first term"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275393714.md"
description: "Former U.S. President Donald Trump stated in an interview with Fox News that he made a mistake in his decision regarding the selection of the Federal Reserve Chairman during his first term, calling the current chairman Jerome Powell merely a backup option. He admitted to being influenced by the Treasury Secretary, considering it a significant error. Trump also mentioned his recent nomination of Kevin Warsh as the next Federal Reserve Chairman and expressed confidence in Warsh's performance"
datetime: "2026-02-10T02:48:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275393714.md)
  - [en](https://longbridge.com/en/news/275393714.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275393714.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275393714.md) | [繁體中文](https://longbridge.com/zh-HK/news/275393714.md)


# U.S. media: Trump said he "made a big mistake" in the decision-making of the Federal Reserve chairman candidate during his first term

According to a report by Fox News, U.S. President Donald Trump stated that he made a mistake in his decision regarding the selection of the Federal Reserve Chairman during his first term. "I made a mistake, he (Powell) was just a backup, if you want to say that," Trump said. "I made a mistake because my Treasury Secretary really, really wanted him (to take the position), you know, I didn't have a good feeling about him, but sometimes you listen to others' opinions. That was a mistake, a really big mistake." Trump then talked about his recent nomination of Kevin Warsh as the next Federal Reserve Chairman, stating that he believes Warsh would be outstanding. (Global Times)

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