Trump's choice for Fed seat Stephen Moore owes $75,000 to IRS

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Trump's choice for Fed seat Stephen Moore owes $75,000 to IRS
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Stephen Moore, President Trump's pick for a seat on the Federal Reserve Board, owes $75,000 in taxes and penalties to Uncle Sam

A circuit court filing in Maryland shows the US government won a judgment against Moore, a former Trump campaign adviser and now a distinguished fellow at the conservative Heritage Foundation, for a federal tax lien valued at $75,328.80. The January 2018 filing says it was for unpaid taxes, penalties, interest and other costs in 2014.Moore referred questions about the tax debt to his wife, Anne Carey, while noting the couple is owed roughly $30,000 from the Internal Revenue Service.

"He has absolutely no business overseeing US monetary policy. The same is true of any president who would appoint him and any senator who would vote to confirm him."In December, Moore blasted Fed chairman Jerome Powell and other members of the board for raising rates at the end of last year, saying they"should be thrown out for economic malpractice" and going so far as to suggest Powell -- who was appointed by Trump -- should resign from the role.

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