Quantcast
Connect with us

Trump eyes Stephen Moore for Federal Reserve governor: Bloomberg News

Published

on

U.S. President Donald Trump is considering picking long-time supporter Stephen Moore to be a governor at the Federal Reserve Board, Bloomberg News reported.

Moore, a senior fellow at the Heritage Foundation, helped write Trump’s signature tax plan. The position would give him a vote at the policy-setting table of an institution whose interest-rate hikes last year were a frequent target of Trump’s ire.

Trump was so incensed by the Fed’s policies he is said to have sought advice late last year on whether he could fire its chairman, Jerome Powell.

The Bloomberg News report, by a White House reporter and a colleague who covers the Treasury Department, cited people familiar with the matter whom they did not name.

A Fed spokesperson did not respond to a request for comment from Reuters made outside of business hours Thursday.

There are two open positions on the Fed’s seven-seat Board of Governors.

ADVERTISEMENT

The White House is also continuing to consider one-time presidential candidate and pizza chain magnate Herman Cain for a spot, Bloomberg News said, despite concerns that the accusations of sexual harassment that derailed Cain’s bid for president could complicate his Senate confirmation.

(Reporting by Ann Saphir; Editing by Kim Coghill)

Report typos and corrections to [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Judge drops the hammer on ‘possibly criminal’ Alex Jones for his unhinged rant against Sandy Hook families

Published

on

A Connecticut judge this week sanctioned InfoWars host Alex Jones after he uncorked an unhinged rant against attorneys representing the families of Sandy Hook victims who are suing him for defamation.

CNN reports that Bridgeport Superior Court Judge Barbara Bellis slammed Jones in court on Tuesday and called his attacks on the Sandy Hook families and their attorneys "indefensible," "unconscionable," and "possibly criminal behavior."

Continue Reading

Facebook

‘Where?’: Trump fans told to seek shelter from storm after waiting in line for hours

Published

on

President Donald Trump is scheduled to launch his campaign Tuesday evening. But his supporters are being told to seek shelter as the weather gets worse.

Trump supporters held tailgates and by noon Tuesday, thousands were waiting to enter the arena. That's when it began to rain and within hours the rain turned into storms.

Continue Reading
 

Facebook

Shep Smith stunned that America will continue to be left without an official defense secretary after Patrick Shanahan resigns

Published

on

Fox News host Shepard Smith noted on Tuesday that the United States gone without a confirmed secretary of defense since the resignation of James Mattis in December last year.

"This one came out of nowhere. But really didn't catch a lot of people by surprise. We begin with breaking news and the bombshell report that has blown up the top spot at the Pentagon, ensuring that the United States goes longer without a full-time confirmed secretary of defense," Smith said.

Acting Defense Secretary Patrick Shanahan abruptly resigned on Tuesday after facing an FBI investigation over domestic violence allegations.

Continue Reading
 
 

Copyright © 2019 Raw Story Media, Inc. PO Box 21050, Washington, D.C. 20009 | Masthead | Privacy Policy | For corrections or concerns, please email [email protected]

I need your help.

Investigating Trump's henchmen is a full time job, and I'm trying to bring in new team members to do more exclusive reports. We have more stories coming you'll love. Join me and help restore the power of hard-hitting progressive journalism.

TAKE A LOOK
close-link

Investigating Trump is a full-time job, and I want to add new team members to do more exclusive reports. We have stories coming you'll love. Join me and go ad-free, while restoring the power of hard-hitting progressive journalism.

TAKE A LOOK
close-link