Speaking later to Fox Business Network, Moore offered a combative defense of his candidacy for the Fed. Numerous Republican senators had said they objected to Moore’s disparaging past writings about women or had sidestepped questions about whether they would back him. “Now President Trump must nominate two serious candidates who will strengthen our economy.”Yet finding someone who fits the mold Trump seems to be seeking in a Fed governor is problematic. Yet his candidacy immediately met widespread skepticism about whether he was qualified for a Fed board position and concerns about his background as a highly politicized commentator on economic issues. He contended that putting Moore on the Fed board would have imperiled those standards.

Source: Washington Post May 02, 2019 16:46 UTC