President Donald Trump’s pick for the Federal Reserve Board was held in contempt of court in 2012 over failure to pay more than $300,000 in alimony and child support.
The Guardian reported Saturday that court documents show Stephen Moore, a conservative economist recently nominated by the president to serve on the board of the Federal Reserve after penning a flattering column, owed the money to his ex-wife Allison Moore in the wake of their divorce.
According to the filings reviewed by The Guardian, Moore continued not to pay into 2013, “prompting the judge to order the sale of his house to satisfy the debt.”
His ex-wife halted the sale, the report noted, after he paid two-thirds of what he owed her.
Read the entire report via The Guardian.