Moore, Cain Withdrawals Re-Up Quest for Loyalists on Fed Board - News Summed Up

Moore, Cain Withdrawals Re-Up Quest for Loyalists on Fed Board


WASHINGTON—The White House has renewed its quest for Senate-confirmable candidates for the Federal Reserve Board who will reflect President Trump’s economic priorities, after his previous two choices flamed out in a messy public fashion. Administration officials late last week resumed calls for lower interest rates, signaling that the question of the central bank’s stance on monetary policy will continue to be a Washington theme in the weeks ahead. Their demands left little doubt about the president’s desire to use two Fed...


Source: Wall Street Journal May 05, 2019 10:52 UTC



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