Moore quits Fed nomination process
Growing pressure from Republican senators slashed his odds of being confirmed
Federal Reserve potential nominee Stephen Moore has pulled the plug on his ambitions for a senior role at the central bank, making it president Donald Trump’s second recent defeat on his picks for the position.
The move came just hours after Moore pledged to Bloomberg News he was “all in” for the central bank, despite the negative pushback from Republican senators.
Trump said on Twitter on May 2: “Steve Moore, a great pro-growth economist and a truly fine person, has decided to withdraw from
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