--- title: Donald Trump Wants to Replace Fed Chair Janet Yellen description: "She’s done a serviceable job” canonical: https://time.com/4300813/donald-trump-janet-yellen/ author: Victor Luckerson article:opinion: false article:content_tier: free article:published_time: 2016-04-20T14:50:58.000Z article:modified_time: 2026-02-22T16:54:04.972Z article:section: Politics og:title: Donald Trump Wants to Replace Janet Yellen og:description: "She’s done a serviceable job” og:url: https://time.com/4300813/donald-trump-janet-yellen/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt9af2a2deff65bac2/69888fe8524fc04791df7a7e/gettyimages-522340882.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: Jack Lew Presides Over Financial Stability Oversight Council Meeting og:type: article twitter:card: summary_large_image twitter:title: Donald Trump Wants to Replace Janet Yellen twitter:description: "She’s done a serviceable job” twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt9af2a2deff65bac2/69888fe8524fc04791df7a7e/gettyimages-522340882.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  # Donald Trump Wants to Replace Federal Reserve Chair Janet Yellen by [Victor Luckerson](https://time.com/author/victor-luckerson/) ## Victor Luckerson Apr 20, 2016 2:50 PM UTC  WASHINGTON, DC - APRIL 18: Federal Reserve Bank Chair Janet Yellen participates in a meeting of the Financial Stability Oversight Council at the Treasury Department, April 13, 2016 in Washington, DC. The JSOC approved a resolution calling for clear guidelines on the ability of mutual funds to hold illiquid assets. (Photo by Chip Somodevilla/Getty Images) WASHINGTON, DC - APRIL 18: Federal Reserve Bank Chair Janet Yellen participates in a meeting of the Financial Stability Oversight Council at the Treasury Department, April 13, 2016 in Washington, DC. The JSOC approved a resolution calling for clear guidelines on the ability of mutual funds to hold illiquid assets. (Photo by Chip Somodevilla/Getty Images)Chip Somodevilla—Getty Images by [Victor Luckerson](https://time.com/author/victor-luckerson/) ## Victor Luckerson Apr 20, 2016 2:50 PM UTC Donald Trump would [likely aim to replace](http://fortune.com/2016/04/19/donald-trump-yellen-fed-debt/) Federal Reserve Chair [Janet Yellen](http://time.com/4291950/janet-yellen-fed/) if he’s elected president, though he broadly agrees with her policies. “I think she’s done a serviceable job,” Trump told [_Fortune_](http://fortune.com/2016/04/19/donald-trump-yellen-fed-debt/) in a wide-ranging interview. “I don’t want to comment on reappointment, but I would be more inclined to put other people in.” Like Yellen, Trump wants the Fed to keep interest rates low, but he still criticized the central bank. “There are lots of good things that could be done that aren’t being done, amazingly,” Trump told _Fortune_. He added that he would support granting Congress the ability to audit the Federal Reserve’s decision making, taking some power away from the Federal Reserve. [_Read more at Fortune_](http://fortune.com/2016/04/19/donald-trump-yellen-fed-debt/) Donald Trump Wants to Replace Fed Chair Janet Yellen ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4300813/donald-trump-janet-yellen/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4300813/donald-trump-janet-yellen/"},"headline":"Donald Trump Wants to Replace Federal Reserve Chair Janet Yellen","datePublished":"2016-04-20T14:50:58.000Z","dateModified":"2026-02-22T16:54:04.972Z","description":"\"She’s done a serviceable job”","url":"https://time.com/4300813/donald-trump-janet-yellen/","keywords":["2016 Election","2016 Election topic","Janet Yellen","Federal Reserve","Donald Trump"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt9af2a2deff65bac2/69888fe8524fc04791df7a7e/gettyimages-522340882.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Victor Luckerson","jobTitle":null,"url":"https://time.com/author/victor-luckerson/"}],"articleSection":"Politics","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt9af2a2deff65bac2/69888fe8524fc04791df7a7e/gettyimages-522340882.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Jack Lew Presides Over Financial Stability Oversight Council Meeting","caption":"Jack Lew Presides Over Financial Stability Oversight Council Meeting","creditText":"Chip Somodevilla—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/politics/","name":"Politics"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/2016-election/","name":"2016 Election"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4300813/donald-trump-janet-yellen/","name":"Donald Trump Wants to Replace Federal Reserve Chair Janet Yellen"}}]}] ```