Bannon wanted Trump to keep Yellen as Fed chair: report
© Greg Nash

Former White House chief strategist Stephen Bannon wanted President TrumpDonald John TrumpArizona GOP Senate candidate defends bus tour with far-right activist Alyssa Milano protests Kavanaugh in 'Handmaid's Tale' costume Bomb in deadly Yemen school bus attack was manufactured by US firm: report MORE to reappoint former Federal Reserve Chair Janet YellenJanet Louise YellenTrump attacks pose new test for Fed chief Trump criticizes Fed for rate hikes in break with precedent Signs of global stress will test Federal Reserve on economy MORE, according to a new preface of the book “Devil’s Bargain: Steve BannonStephen (Steve) Kevin BannonBannon announces pro-Trump movie, operation team ahead of midterms: report Internet security expert: 'I don’t think it’s right to say’ tech giants are politically biased UK's Boris Johnson gives reporters tea while avoiding questions about anti-burqa comments MORE, Donald Trump, and the Nationalist Uprising,” cited by Bloomberg.

“The Breitbart posse is in love with Janet Yellen. If we get behind her, that is the signal of signals — the realignment of American politics,” Bannon told the book's author, Joshua Green, adding "Yellen's my girl."

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Bannon reportedly mulled pushing Trump to keep Yellen as Fed chair after he departed the White House in August of last year. The former chief strategist had expressed concerns that a more hawkish Fed chairman could hinder economic growth.

But Bannon ultimately did not push for Yellen and Trump went in a different direction.

Trump appointed Republican Jerome Powell, who was sworn in earlier this month, to lead the U.S. central banking system.

Powell is expected to be more attuned to the impact of the Fed’s policies on the financial markets than a traditional Fed chair.

Yellen told PBS in an exit interview that she was disappointed not to have been reappointed.

“I would have liked to serve an additional term and I did make that clear, so I will say I was disappointed not to be reappointed,” she said.