Moore said he would fight on for the Fed seat and told a conservative radio show that the nation would see the 'biggest sell-off in stock market history' if a liberal won the White House in 2020.
Stephen Moore, a longtime supporter of President Trump, is likely to be nominated for a seat on the Federal Reserve Board. By Heather Long Heather Long Economics correspondent Email Bio Follow April 28 at 8:51 PM Stephen Moore, President Trump’s likely nominee for an opening on the Federal Reserve Board, apologized Sunday for his past comments about women that caused a firestorm last week.
Moore voiced similar regrets on a conservative radio show Sunday, saying that he was “embarrassed” by the “wrongheaded” columns he wrote and that his own sisters were offended by them.But Moore was adamant that he didn’t think his past statements about women should disqualify him from the Fed. He called articles about his past a “character assassination,” likening it to what Supreme Court Justice Brett M. Kavanaugh went through during his confirmation process.
Moore called the nomination process “brutal” Sunday but said he plans to continue fighting for his confirmation. The White House has yet to formally nominate him, but he is undergoing an intensive background check. A growing roster of economists and Democratic politicians have called on Moore to withdraw from consideration, arguing that he is unqualified for the job and would taint the independence of the Fed, which could make it more difficult for the central bank to act in times of crisis.
“If people actually thought these [Democratic] ideas were going to come into play and enter the White House, you would see the biggest sell-off in the stock market in American history,” Moore said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Stephen Moore, Trump's pick for the Fed, just got a key immigration program dead wrong'Critics have pointed to Moore’s lack of economic credentials, his advocacy of disastrously misguided fiscal policies, his factual inaccuracies and questionable personal finances.' Now, hiltzikm writes, he's gotten a key immigration program dead wrong:
Lire la suite »
Trump's Fed nominees: Cain drops out, Moore defends his 'spoof' about womenTwo men Donald Trump had touted for the Federal Reserve Board of Directors face scrutiny.
Lire la suite »
Trump drops plan to put Cain on Fed as Moore faces scrutinyPresident Trump shelved his plan to put Herman Cain on the Federal Reserve amid opposition from his own party, with Democrats swiftly urging Republicans to also block the president’s pick of fellow supporter Stephen Moore for the U.S. central bank.
Lire la suite »
Trump's Fed pick Moore in trouble again, once called Cincinnati and Cleveland 'armpits of America'President Donald Trump's pick to a fill a vacancy at the Federal Reserve has run into more trouble thanks to remarks he made in the past.
Lire la suite »
Embattled Trump Fed pick Stephen Moore complains: 'They're pulling a Kavanaugh against me'President Donald Trump's embattled Federal Reserve board pick Stephen Moore is comparing reaction to his nomination to that of Supreme Court Justice Brett Kavanaugh, who was accused of sexual misconduct after being tapped for the high court.
Lire la suite »
Moore Hopeful for Fed Post, but Says He Would Bow Out If He Becomes LiabilityStephen Moore said he was hopeful about his chances of being nominated and confirmed to the Fed board but would drop out if he became a political liability for the Trump administration or Senate Republicans.
Lire la suite »
Kudlow reaffirms White House support for Fed pick Stephen MoorePresident Trump's top economic adviser reaffirmed the administration's support for Stephen Moore as his vetting for a seat on the Federal Reserve Board of Governors continues
Lire la suite »
Trump Fed pick Stephen Moore paid off $75K tax lien but says IRS owes him moneyStephen Moore, who has been tapped by President Donald Trump to join the Federal Reserve board, says he has paid off a $75,000 income tax lien — but is not abandoning efforts to actually recoup money from the IRS that he claims he still is owed.
Lire la suite »
Stephen Moore gets PR firm's help to 'manage the media' in bid to join FedStephen Moore, Trump's embattled pick for the Federal Reserve, is getting help from a conservative-leaning public relations firm in navigating his effort to land a seat on the central bank's board
Lire la suite »
Trump's Fed pick Stephen Moore 'embarrassed' by past writingsStephen Moore, President Trump's planned nominee to the Federal Reserve Board, said he is 'embarrassed' by some of his past writings and commentary about women that have recently come under scrutiny.
Lire la suite »