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Trump nominates to Fed board a harsh critic of its chairman
By Roberta Hampton
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.
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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. ...
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