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

Former White House chief strategist Stephen Bannon wanted President TrumpDonald John TrumpGabbard: No regrets about meeting Syria's Assad GOP senator calls Trump immigration offer a 'straw man proposal' not meant to become law BuzzFeed reporter says bombshell account is ‘solid’ despite pushback MORE to reappoint former Federal Reserve Chair Janet YellenJanet Louise YellenOvernight Energy: House Dem to offer measure backing Paris climate deal | Former Federal Reserve chiefs call for carbon tax | Watchdog urges agencies to update climate guidance Former Federal Reserve chairs, economists, back carbon tax Jay Powell ignores the stock market at the economy's peril MORE, according to a new preface of the book “Devil’s Bargain: Steve BannonStephen (Steve) Kevin BannonChris Christie claims Jared Kushner enacted 'hit job' as revenge for prosecuting father On immigration - Congress should not pay the hostage taker Schiff says Kushner, Bannon invoked ‘bogus privileges’ in testimonies before Congress 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.