Trump appointed Jerome Powell in his first term.

The claim that "Trump appointed Jerome Powell in his first term" can be broken down into two parts: first, whether Trump appointed Powell to the Federal Reserve Board, and second, whether Trump appointed Powell as Chair of the Federal Reserve during his first term. Evidence shows that Jerome Powell was originally appointed to the Federal Reserve Board of Governors by President Barack Obama in 2012, not Trump.brookings.edubrookings.eduWhat happens if Trump tries to fire Fed chair Jerome Powell?

However, in November 2017, during Trump's first term, President Trump nominated Powell to be Chairman of the Federal Reserve, a position that requires separate nomination and Senate confirmation.en.wikipedia.orgen.wikipedia.orgJerome Powellnbcchicago.comnbcchicago.comWho appoints the Fed chair and who can fire Jerome Powell? What to know after... This nomination was confirmed by the Senate in December 2017, and Powell began his term as Chair in February 2018.

Therefore, while Trump did not appoint Powell to the Federal Reserve Board initially, he did appoint him as Chair of the Federal Reserve during his first term. This distinction is important because the Chair position is a separate role with significant influence over U.S. Monetary policy. Some sources note that Powell was a Republican appointee to the Board but originally selected by Obama, which can cause confusion about the nature of Trump's appointment.brookings.edubrookings.eduWhat happens if Trump tries to fire Fed chair Jerome Powell?

The claim is mostly true if interpreted as Trump's appointment of Powell as Fed Chair rather than his initial appointment to the Board.