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Trump nominates to Fed board a harsh critic of its chairman
By Roberta Hampton
Reuters
Friday, March 22, 2019
PALM BEACH, Florida -- President Donald Trump on Friday tapped Stephen Moore, a conservative economic commentator and fellow critic of Federal Reserve policy under Chairman Jerome Powell, to join the U.S. central bank's board of governors, a move that would put a Trump loyalist inside the world's most important financial institution.
... Dispatch continues below ...
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Moore, who last year suggested in a radio interview that Trump had cause to fire Powell for "wrecking our economy," would add a critical and unconventional voice to a collegial committee that unanimously backed Powell in keeping rate hikes on hold this month.
The group often reach policy decisions by consensus after debating the issues. ...
... For the remainder of the report:
https://www.reuters.com/article/us-usa-fed-moore/trump-taps-a-strident-p...
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