Trump’s next Federal Reserve nominee: campaign advisor and Fed critic Stephen Moore

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Trump’s next Federal Reserve nominee: campaign advisor and Fed critic Stephen Moore
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Stephen Moore, a conservative economist and commentator who served as a Trump campaign advisor, has been a vocal critic of the Fed.

President Trump said Friday that he planned to nominate Stephen Moore, a conservative economist and commentator who served as a Trump campaign advisor, to a seat on the Federal Reserve board.

Trump is pressuring the Fed to keep interest rates low. Nixon actually did it — and damaged the economy » “We foresee pushback by Democrats, if for no other reason than Moore is a Trump supporter,” Capital Alpha partners said in its research report. “But Moore should be able to win Senate confirmation, even if it’s a close party-line vote.”

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