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Trump adviser: White House 'fully behind' Moore for Fed
Source: Associated Press
Trump adviser: White House ‘fully behind’ Moore for Fed
By DARLENE SUPERVILLE
April 3, 2019
WASHINGTON (AP) — President Donald Trump is “fully behind” Stephen Moore, his choice to help lead the Federal Reserve, despite unflattering details that have come to light about Moore’s personal life, a top White House official said Wednesday while also complaining about Washington’s “toxic” environment.
“I spoke to the president yesterday. He completely supports Steve,” Larry Kudlow, director of the National Economic Council, told reporters. “People are being awful hard on him. ... This town is a toxic town in some respects.”
Kudlow said Moore is “a smart guy” who “would be a breath of fresh air on the Fed, and so far it’s all systems go.”
Moore is a former Trump campaign adviser who helped design massive tax cuts the president signed into law in 2017. He has been affiliated with multiple conservative groups, including as the Heritage Foundation’s chief economist, leading some economists to say Moore could inject politics into an institution that strives to keep decisions about monetary policy free of political influence.
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By DARLENE SUPERVILLE
April 3, 2019
WASHINGTON (AP) — President Donald Trump is “fully behind” Stephen Moore, his choice to help lead the Federal Reserve, despite unflattering details that have come to light about Moore’s personal life, a top White House official said Wednesday while also complaining about Washington’s “toxic” environment.
“I spoke to the president yesterday. He completely supports Steve,” Larry Kudlow, director of the National Economic Council, told reporters. “People are being awful hard on him. ... This town is a toxic town in some respects.”
Kudlow said Moore is “a smart guy” who “would be a breath of fresh air on the Fed, and so far it’s all systems go.”
Moore is a former Trump campaign adviser who helped design massive tax cuts the president signed into law in 2017. He has been affiliated with multiple conservative groups, including as the Heritage Foundation’s chief economist, leading some economists to say Moore could inject politics into an institution that strives to keep decisions about monetary policy free of political influence.
-snip-
Read more: https://apnews.com/7781526546c34fecb2a35c86d9777b69
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