Ex-Fed Chair Calls President Trump’s Plan A ‘Pipe Dream’ And Is Immediately Proven Wrong

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So-called experts have been quick to denounce virtually all of President Donald Trump’s policies dating back to his first term in office.

This time around, however, the White House is a well-oiled machine capable of toppling the threadbare arguments made against the MAGA agenda.

One recent example involves remarks former Federal Reserve Chair Janet Yellen made about Trump’s trade policies and his ultimate aim of bringing new manufacturing jobs back to the United States.

She called the plan a “pipe dream” just before one massive investment in U.S. manufacturing was announced.

As the Daily Wire reported:

Within hours of Yellen making the comment on CNBC, top semiconductor company Nvidia unveiled plans to fully build AI supercomputers in the United States and invest half a trillion dollars of AI infrastructure through partnerships on American soil.

The “Trump War Room” account on X took note of the series of events.

“Just before [Nvidia]’s groundbreaking announcement to manufacture AI supercomputers in America, Janet Yellen went on CNBC to dismiss the American manufacturing renaissance as a ‘pipe dream,’” the account said. “Yet, as Nvidia showed, more companies are choosing to BUILD IN THE USA — and this is just the beginning.”

Plenty of others piled on Yellen for her prediction:

CNBC reported on Nvidia’s major plans:

The company said it plans to produce up to $500 billion of AI infrastructure in the U.S. via its manufacturing partnerships over the next four years.

“Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency,” CEO Jensen Huang said.

The news comes after President Donald Trump, in a push to take on trade deficits and pressure companies to on-shore more manufacturing to the U.S., imposed high “reciprocal” tariffs on a long list of countries. Trump placed a 32% tariff on products from Taiwan, where Nvidia largely manufactures its graphics processing units, or GPUs, and 145% tariffs on products from China, a move that threatened to take a toll on tech giants like Apple, which makes iPhones and most of its other products in China.

Here’s what Trump had to say about the latest development:



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