India, July 17 -- US President Donald Trump, when lambasting Fed chair Jerome Powell, seemed to forget that it was he who had appointed him during the first term.

Speaking about Powell, Trump said, "He's a terrible Fed chair. I was surprised he was appointed. I was surprised, frankly, that Biden put him in and extended him."

Amid the rant, he seemed to forget that Powell was Trump's pick and in the November 2017 announcement, the President, in his first term, had praised Powell for his leadership, expertise, and judgment.

Joe Biden only extended Powell's tenure for a term in November 2021.

"According to Trump, whose mind is now mushier than Gerber baby food, this is Biden in 2017 appointing Jerome Powell to be Fed chair," one user sai...