President Trump's latest pick for a Fed board seat said the central bank’s recent policy pivot shows that he was right to criticize its December interest-rate increase
Former Trump campaign adviser Stephen Moore, the president’s latest pick for a Federal Reserve Board seat, said the central bank’s recent policy pivot shows that he was right to criticize its December interest-rate increase.
Shortly after that rate increase, Mr. Moore delivered a scathing assessment of Fed Chairman Jerome Powell in a December interview with The Wall Street Journal, calling him “totally incompetent” and saying he should resign.
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