Thursday, September 18, 2025

Jerome Powell’s Public Confidence At All-Time Low

According to a new Gallup poll, Jerome Powell, the Chairman of the Federal Reserve that presided over the US economy during the Covid-19 pandemic and subsequent 40 year-high inflation, has the lowest public approval rating of any Fed chairman since the polling company began conducting surveys in 2001.

The poll shows that just 36% of Americans approve of the job Powell is doing, compared to 58% at the beginning of Covid-19 lockdowns— the highest rating since the days of Alan Greenspan’s reign in 2004. The decline in his approval rating may be due in part to his errored judgement of transitory inflation and delayed policy reaction, leaving Americans to face some of the sharpest price increases in over 40 years.

By the time Powell did begin to hike interest rates, confidence in his leadership began to wane substantially. In comparison, former Chairwoman and current Treasury Secretary Janet Yellen faced a 37% approval rating in 2014, while Americans’ confidence in Chairman Ben Bernanke stood at a paltry 39% in 2012. The Gallup poll shows that Yellen’s approval rating currently sits at 37%, the lowest since Jacob Lew held the position in 2014, and she has only 20% of confidence from Americans.

Confidence in Fed leaders also tends to mirror approval ratings of politicians; about 35% of Americans believe president Joe Biden is doing a good job with managing the economy— the lowest level since George W. Bush was president during the 2008 financial crisis.


Information for this briefing was found via Bloomberg and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Jerome Powell Once Again Defends Fed’s Dovish Response to Surging Inflation

Fed Chair Jerome Powell spent Wednesday and Thursday defending the central bank’s ultra-dovish monetary policy,...

Friday, July 16, 2021, 10:56:00 AM

Addressing Gas Supply Woes: It’s Restarting Coal Plants For Germany; It’s Rebate Cards For Biden

With the prices of energy resources set to further spike amid the ongoing Russia-Ukraine war,...

Tuesday, June 21, 2022, 02:14:00 PM

Biden Is Going Against Pollution To Push EV Shift

The Biden administration is on track to propose the strictest car pollution regulations ever proposed...

Sunday, April 9, 2023, 11:16:00 AM

US Moves Again To Boost Local Nuclear Industry

The Biden administration has announced steps to bolster the domestic nuclear industry and advance America’s...

Thursday, May 30, 2024, 02:40:00 PM

Behind Trump’s Pledge To Never, Ever Ride A Bicycle After Biden Fall

In case anyone was concerned, former President Donald Trump has pledged to never, ever ride...

Thursday, June 23, 2022, 10:14:00 AM