Trump faces backlash for tapping Fed critic for bank
By Sylvan Lane
President Trump is facing a backlash from across the political spectrum over his decision to nominate conservative economist Stephen Moore to the Federal Reserve Board. Critics call Moore an unabashed partisan, whose close ties to Trump, controversial past economic claims and fierce criticism of the Fed’s current leaders disqualify him from serving on the central bank. …“Steve is not the carefully groomed former Republican Treasury official, well respected economist that has so far characterized the president’s appointees,” said Karen Petrou, managing partner at Federal Financial Analytics. “He is a bomb thrower.”