Trump nominates loyalist Stephen Moore for Fed board
“Donald Trump wanted to drain the swamp. The Fed is the swamp,” Moore says
President Donald Trump is to nominate Stephen Moore, his former campaign adviser and one of the co-authors of Trumponomics, to serve as a governor of the Federal Reserve.
The steadfast conservative is a prominent critic of the Fed and its current chair Jerome Powell, and is a loyal supporter of president Trump’s domestic policy agenda. If Moore makes it through his confirmation hearings, the president will have gained a political loyalist in the Fed’s policy discussions heading into the 2020
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