Federal Reserve Chairman Jerome Powell has become the one of the most unpopular individuals in Washington, according to a new Gallup Poll measuring how Americans view the nation’s leaders.
Powell scored a 36% approval rating, which is both his lowest Gallup measurement during his six years at the helm of the central bank and the lowest reading Gallup ever had for a Fed chairman – the previous popularity nadirs were held by Janet Yellen with 37% in 2014 and 38% in 2016 during her leadership years and 39% for Ben Bernanke’s in 2012.
If it is any consolation to the Fed chief, the level of public confidence in him is slightly higher than the Gallup Poll’s approval results for President Biden (35%) and the Democratic leaders in Congress (34%). However, Treasury Secretary Yellen and the Republican leaders in Congress are slightly more respected, with 37% and 38% confidence levels, respectively.
;
I don’t think the Fed Chairman should be concerned about his popularity
From the brightest economists to invent a term called transitory inflation is laughable. Fed chair to succum to orange dude’s call to reduce fed rate is LOL.